14 Jan 2015:
Offshore Wind More Profitable
Than Drilling on U.S. East Coast, Report Says
Offshore wind turbines in the Irish Sea
Offshore wind would produce twice the number of jobs and twice the amount of energy as offshore drilling near the U.S. East Coast
, according to
a new report from the advocacy group Oceana. The report contends that recent claims by the oil and gas industry about the economic potential of offshore drilling in the region are exaggerated because many of those oil and gas reserves are not economically viable to drill. Plans to build the nation's first offshore wind farm off Cape Cod have repeatedly failed to move forward
. But Oceana calculates that over the course of 20 years, offshore wind in the Atlantic could produce nearly twice as much energy as all of the economically recoverable oil and gas. Offshore wind installations also would likely create an additional 91,000 jobs — twice as many as offshore drilling, Oceana says. Moreover, the report notes, drilling poses major risks to industries that rely on healthy ocean ecosystems, such as fishing, tourism, and recreation, which generate an estimated $95 billion annually and provide 1.4 million jobs.
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
, the online educational network. Visit the site.
Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
A look at how acidifying oceans could threaten the Dungeness crab, one of the most valuable fisheries on the U.S. West Coast. Watch the video.
is now available for mobile devices at e360.yale.edu/mobile
An aerial view of why Europe’s per capita carbon emissions are less than 50 percent of those in the U.S. View the photos.
An indigenous tribe’s deadly fight to save its ancestral land in the Amazon rainforest from logging. Learn more.
video series looks at the staggering amount of food wasted in the U.S. – a problem with major human and environmental costs. Watch the video.
Residents of the Chocó Rainforest in Ecuador are choosing to plant cacao over logging in an effort to slow deforestation.
Watch the video.
Tribal people and ranchers join together to stop a project that would haul coal across their Montana land. Watch the video.