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|Articles - May 2011|
|Wednesday, April 20, 2011|
Page 4 of 5
The wide range of technologies possible in ocean energy has added to the social pressure to plan for its arrival. Coastal leaders have welcomed the industry for its economic potential, but with caution, recognizing it could have negative consequences for commercial fishermen, shrimpers, charter operators, and recreational sports and fishing if planned poorly.
Busch and others, however, argue Oregon has limited time to capitalize on wave-energy development and that the time to hit the water is now.
“The key is to become the locus of ocean wave power in the United States,” he says, and export talent, materials and technology for the next 50 years. “Do we really want to say 'no' to that because of potential impacts about which we’re doing our very darnedest to learn?” The ocean is a big place, he says, and there must be ways for companies to hit the water as planning continues.
One look to Ontario, Canada, where a sudden moratorium on offshore wind power caused companies to flee, and the root of Busch’s fear is laid bare. Like most businesses, ocean power companies flock to opportunity, not to places to wait. Busch worries that a year or more of inaction in Oregon could similarly reverse OWET’s progress.
Theresa Wisner, Oregon community outreach coordinator for Aquamarine Power in Newport, says waiting is a tough sell to investors. “We completely understand the need for spatial planning on the ocean. It will help us considerably in the long run by allowing us to focus in on places that we should go.” But she adds, “We cannot wait indefinitely for that. Aquamarine has put a significant investment here in the state to see this move forward.” She says she is currently negotiating with state officials on solutions.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Tuesday, August 26, 2014
BY DEBRA RINGOLD | OP-ED CONTRIBUTOR
Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
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