Published: Jan 2024
Download: ENGIE Emerging Sustainable Technologies 2024
About this report:
Oceans and seas cover 70% of the surface of the globe. Not only do they support intercontinental trade flows, but they are home to incredibly varied marine life and provide us with food, energy, recreation and holiday spots. Moreover, more than 60% of the global population lives within 150 km of the coast.
They also help regulate the world’s climate and act as a large long-term carbon sink. Of the nearly 40 gigatons of CO2 emitted from fossil fuel use every year, 13 gigatons are captured on land and around 9 gigatons by the oceans, leading to a yearly net increase of around 18 gigatons of fossil fuel-generated CO2 in the atmosphere. Whatever we come up with in our development of novel offshore technologies, we must never forget that the need to protect oceans’ vital functions has to be a top priority.