The stock market and the sea
Major investments in the future sustainable ocean business are needed. The goal is to increase revenues from the current, unsustainable 2.5 trillion USD to sustainable … Read more
I am not an oceanographer. Nor a marine biologist or meteorologist. I don’t have any degrees in natural science whatsoever.
Yet, I am concerned about the state of the ocean.
My connection to the ocean is windsurfing, so this blog will have a bit of that too.
The idea of the ocean as an inexhaustible resource is long gone. Well, at least it should be. We went too far; took most of its fish, dumped our garbage and polluted and heated it.
Now we need to strike the balance between the urgent need for renewable energy, minerals, food and carbon storage against the equally urgent need to preserve marine ecosystems.
Good news are easy to find too. Like the convention on biological diversity (the natural world’s "Paris agreement”) reached in December 2022 which included preservation of 30 per cent of the world’s oceans by 2030.
The accelerating development of offshore wind is another example of good news.
Some techno-optimists, companies and governments would firmly say yes. Offshore wind could provide 420,000 TWh electricity per year, which is almost ten times global electricity demand.
Others would ask; how will giant, noisy construction sites and rotors of 220 meters in diameter affect life below and above the sea surface? It’s complicated. No doubt.
I want to know how much we can take from the ocean to tackle the climate crisis with as little damage to the marine environment as possible.
Major investments in the future sustainable ocean business are needed. The goal is to increase revenues from the current, unsustainable 2.5 trillion USD to sustainable … Read more
“Winter is coming.” Santa firmly places the right leg in the ice and checks that the surface is solid. Pulls a little in the beard. … Read more
“You are always right of way on starboard”, Svein Rasmussen once said in September 1995. We were a group of Norwegians sitting on the beach … Read more
Windsurfing in Havana is full of surprises and joy. The Red Bull divining competition in May 2014 was one of these days.
If you get stuck under a large rock, the pain is unbearable. Not many people experience this, but there is a lot of chronic disease … Read more