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.
What is Wave Energy? The topic of renewable energy is an evergreen subject, especially, in a world dominated by fossil fuels. Renewable energy is widely talked about in the contemporary world because it is unlimited, which means itâs sustainable and does not emit greenhouse gasses that are detrimental to the environment and human health.