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.
When we think of the word wave we usually picture someone moving their hand back and forth to say hello or maybe we think of a curling wall of water moving in from the ocean to crash on the beach. In physics, a wave is a disturbance that travels through space and matter transferring energy from one place to another.