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.
We use the word wave in everyday conversation to refer to ocean, light, sound, or earthquake waves. But what do all of these seemingly different phenomena have in common, and why is it important to understand the nature of waves? Let's explore these topics. Waves transmit the energy that topples buildings during an earthquake, energy that allows us to communicate in the modern world, and energy that allows for life on earth at all. Our observations of the earth from space are also dependent on waves, those that are received by satellites.