UK Continues to Fund Wave Energy

According to this article (8/3/04), the UK government has announced funding of £50m for wave and tidal stream energy, in the biggest show of support for the emerging renewable technology to date. The move follows recent criticism from various quarters claiming that the UK renewables sector is unfairly balanced in favour of wind energy, a scenario that is stifling the development of other clean power sources.

By comparison, the US currently has $0 devoted to renewable energy development - a situation that will hopefully be alleviated by the pending energy bill. If not, the US will likely continue to lag behind other countries in the ocean energy arena.