Stay Tuned!

Subscribe to our newsletter to get our newest articles instantly!

Tech News

The Seabed Empire Funding Britain’s New King | WIRED


In 2019, a partnership between BP and German energy provider ENBW agreed to pay £231 million ($290 million) in annual option fees alone.

While the offshore wind industry booms, the Crown Estate is already eyeing the next opportunity to cash in on its seabed empire: carbon storage. The seabed around the UK has room to store 78 billion tons of carbon dioxide—more than enough space to cram in 200 years’ worth of the country’s annual emissions. Increasingly, the North Sea is being seen as a destination to store carbon captured from…



Source link

Avatar

Techy Nerd

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Tech News

3 ways businesses can strike the ideal marketing and IT balance

We’re seeing two schools of thought emerge on how best to leverage data in the digital media landscape. The first
Software Tech News

Build Smart Biolinks with AI: Introducing the AI Biolink Creator

AI powered content for Bio Links and Marketing.