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Great Barrier Reef Foundation Proposes Coral Reef Bond at Clinton Global Initiative

great_barrier_Reef

Australia’s Great Barrier Reef Foundation (GBRF) was today welcomed as the first Australian not-for-profit into the Clinton Global Initiative (CGI). This announcement reinforces the economic and environmental significance of the Great Barrier Reef on a global scale.
The GBRF was recognised for its plan to bring an innovative financing mechanism in the form of a bond, which subject to Government approval, has the potential to deliver a highly replicable funding solution for a range of environmental and social issues globally.

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Scientists Find 20 Years of Deep Water Warming Leading to Sea Level Rise

NOAA Ocean Explorer: Quest Expedition 2002

Scientists analyzing measurements taken in the deep ocean around the globe over the past two decades find a warming trend that contributes to sea level rise, especially around Antarctica.

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Aquamarine Power Report: UK Government Marine Energy Strategy Should Take Lead From Denmark’s Wind Industry

Aquamarine Power

The UK Government should consider implementing a consistent price for marine energy and resolve grid access issues if the UK marine energy industry is to repeat the success of the Danish wind industry, according to a report published by wave energy developer Aquamarine Power.

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DOE to Study Effects of Marine Renewable Energy Devices on Aquatic Life

Pacific Northwest-NOAA

Super-sized electromagnetic coils are helping explain how aquatic life might be affected by renewable energy devices being considered for placement along America’s coastal waters and in the nation’s rivers.

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Major Tidal Energy Project to be Developed in Ireland

SeaGen

ESB International (ESBI) has entered an agreement with tidal energy company Marine Current Turbines (MCT) to develop an initial phase of a 100MW tidal energy project off the Antrim coast in Northern Ireland.

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DOE Announces Upcoming Seminars on Creating an Offshore Wind Industry

Offshore wind

The Department of Energy (DOE) Wind Powering America Program announced today a series of public events to exchange information on the development of offshore wind energy in the United States. DOE conducted a Webinar and will host two seminars entitled Creating an Offshore Wind Industry in the United States: A National Vision and Call to Action.

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Alabama Leads Coalition to Build 100 Miles of Oyster Reefs and Plant and Promote 1,000 Acres of Marsh

A coalition of leading environmental organizations has unveiled plans for a major Gulf restoration project with the launch of 100-1000: Restore Coastal Alabama Partnership (http://http://www.100-1000.org/). Alabama Coastal Foundation, Mobile Baykeeper, The Nature Conservancy and The Ocean Foundation officially launched the project as a significant first step in restoring the coast of Alabama and struggling coastal [...]

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Ocean Energy to be Showcased at New England’s Largest Clean Energy Conference

Maine coast

The Sixth Annual Conference on Clean Energy, New England’s largest clean energy conference, will be held in Boston at the Hynes Convention Center on November 3 and 4, 2010. For the first time, the conference will be held in collaboration with both the Boston CleanTech Venture Day, which aims to assist European Cleantech companies in exploring opportunities in the U.S. and the New England MREC Technical Conference, which highlights the latest advances in marine renewable energy technology

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Shark Attack Survivors Press U.N. to ‘Save the Sharks’

Great White Shark NOAA

Shark attack survivors hailing from five countries are pushing the United Nations to adopt measures to protect sharks. The survivors-turned-advocates, brought together by the Pew Environment Group, are calling for countries to end the fishing of sharks threatened or near-threatened with extinction, stop the practice of finning and better manage fisheries to ensure long-term sustainability.

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Global Fisheries Research Finds Promise and Peril

NOAA Photo

Global fisheries, a vital source of food and revenue throughout the world, contribute between US$225-$240 billion per year to the worldwide economy, according to four new studies released today. Researchers also concluded that healthier fisheries could have prevented malnourishment in nearly 20 million people in poorer countries.

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NOAA Sea Grant Initiates $1.2 Million Community Climate Change Adaptation Initiative

NOAA Ocean Explorer: Quest Expedition 2002

NOAA’s National Sea Grant College Program has launched a one-time $1.2 million effort to help coastal communities prepare for the impacts of climate change. The initiative is supporting rapid response, community-based, climate adaptation demonstration projects in coastal and Great Lakes states. NOAA is providing $990,000, and universities and community partners are contributing $247,000 for this effort.

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DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

ocean energy

The announcement by Department of Energy (DOE) Secretary Chu is further proof that governments are starting to realize the incredible potential of marine energy. The DOE announced selections for more than $37 million in funding to accelerate the technological and commercial readiness of emerging marine and hydrokinetic (MHK) technologies, which seek to generate renewable electricity from the nation’s oceans and free-flowing rivers and streams.

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SNM Global Prepares for Wave Energy Solutions: “Global Ocean Energy Industry Can Be Worth $1 Trillion”

Ocean Wave Pic

In its new report entitled Hydro, Wave, and Tidal Power – Market Penetration and Roadmapping, Frost & Sullivan, the respected global market analyst, estimated that wave energy resources worldwide can generate as much as 6,000 terrawatt-hours of clean electricity annually — twice as much as global nuclear production — while tidal resources can generate as much as 700 TWh per year.

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Nantucket Conference Will Explore Challenges of Rising Sea Levels to Coastal Communities

As sea levels continue to rise, what are coastal communities doing to adapt to and mitigate a situation that could result in the eventual displacement of millions of Americans and destroy beaches and coastal ecosystems? Leading government officials, policy-makers, scientists, insurance experts and others will join together at a conference on Nantucket on September 24 to explore [...]

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BP Assumes “A Little Blame” for the Deepwater Horizon Oil Spill in a New Report

Deepwater Horizon Spill-Oil Covered Bird

Below is the press release that was issued by BP regarding their internal investigation of the Deepwater Horizon Oil Spill tragedy. They are willing to admit to “some” blame but the report concludes that several companies and work teams were at fault.

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Maine Issues RFP for Offshore Wind and Tidal Energy Pilot Projects

The Maine Public Utilities Commission (Commission) is seeking proposals for long-term contracts to supply installed capacity and associated renewable energy and renewable energy credits from one or more deep-water offshore wind energy pilot projects or tidal energy demonstration projects.

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