01 May 2012:
Oil and Gas Companies See
Offshore Wind Potential in North Sea
An increasing number of oil service companies are working with renewable energy companies
to develop offshore wind projects in the North Sea as the region’s fossil fuel resources dwindle and demand for clean
energy rises. According to a report by Bloomberg News, companies such as Technip and Subsea 7 are seizing on the similarities between developing deepsea oil installations and building offshore wind platforms. For wind energy developers, as much as 25 percent of capital spending includes services that can be performed by oil and gas companies, said Jayesh Parmar, a UK-based consultant at Baringa Partners LLP. “The synergies available between offshore wind and oil and gas are most apparent in the North Sea,” Parmar said. “It makes sense here to be operating in both areas.” With numerous offshore wind projects planned, the European Wind Energy Association predicts that more than 446,000 people will work in the North Sea’s offshore wind sector by the end of the decade, twice the current workforce. Meanwhile, according to Bloomberg, oil production from Britain’s continental shelf has declined by more than 6 percent annually over the last two decades.
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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.
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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.
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Tribal people and ranchers join together to stop a project that would haul coal across their Montana land. Watch the video.