NEW YORK (CNNMoney) â Thanks to Coloradoâs new pot tax and a quirky state law, residents may get a special one-time tax refund next year. The total could be about $59 million. Thatâs how much the state expects to collect from taxes on the sale of recreational marijuana, which Colorado legalized last year.
Wave energy, also known as ocean energy or sea wave energy, is energy harnessed from ocean or sea waves. The rigorous vertical motion of surface ocean waves contains a lot of kinetic (motion) energy that is captured by wave energy technologies to do useful tasks, for example, generation of electricity, desalinization of water and pumping of water into reservoirs.
Waves are known as an energy transport phenomenon, a disturbance that travels through a medium from one particle to the next. Waves may be compromised of sound, water and even electromagnetic energy. The energy of a wave can be measured in terms of frequency and wavelength, regardless of the type of wave or through which medium it can travel. Waves that are made of electromagnetic energy do not require a medium and are able to transfer energy through the vacuum of space. Learn more about Optics & Waves