Ocean wind farms on horizon for Australia as investment grows

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Global investment in offshore wind farms is booming as nations seek to cut their greenhouse gas emissions.

This week, Australia officially joined the party.

The fund manager is also developing the first commercial-scale offshore wind energy project in the United States just south of Martha's Vineyard, the Massachusetts island that's long been a playground for the rich and famous. It's forecast to generate enough wind electricity to power about 1.2 Australian homes and save an average of 2.6 megatonnes of carbon dioxide each year - the equivalent of taking one million cars off the road.

"This is that golden ticket for places like the Latrobe Valley and the Hunter Valley in NSW, that have been reliant on jobs in coal and gas," says PJ Jacobs, a climate campaigner with the Australian Conservation Foundation. "It could have happened earlier," he says of the new legislation for offshore farms. "There were certainly people calling for it a lot earlier."

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So backward. Why is Australia so retarded in innovation? Who is hampering our advancement?

Whoa hang on a minute what about the seagulls and flying fish that will be in danger.

“The Star of the South project off Victoria promises to do its bit to reduce Australia's greenhouse gas emissions. It's forecast to generate enough wind electricity to power about 1.2 Australian homes “ oops

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