The World in 2030

234 The World in 2030
And in September 2007 planning permission was given in
the UK for ‘Wave Hub’, a £28 million project off the north
Cornish coast that will provide a ‘sea floor socket’ allowing
wave-power generators to get their electricity back to shore.
Thirty wave-power generating machines will supply up to
twenty megawatts of power.
In Conclusion on the Future of Energy
Money is now pouring into what is called ‘clean tech’ (energy
sources and production technologies which are carbon
free or ‘carbon lite’) at an unprecedented rate and, where
investment goes, progress follows. As the New York Times
reported in April 2007:
Money is flowing into alternative energy companies
so fast that ‘the warning signs of a bubble are
appearing,’ according to a report on investment in
clean technology by a New York research firm, Lux
Research.
The report also suggests that companies that make
equipment to cleanse air or water, or that process
waste, have been overlooked by investors. 448
Some interesting and non-obvious developments in plastics
are occurring as scientists cast around for ways of harvesting
and recovering energy to head off the shortage that threatens
our future. For example this story appeared in June 2007 on
pr-inside.com: