Ocean Renewable Power Company

About the offering

Global carbon emissions totaled more than 37 billion metric tons last year, up almost 90% since 1970. This was primarily driven by burning fossil fuels to generate electricity, according to the EPA. If left unchecked, the potential impact on our climate could be devastating. ORPC’s Zero Carbon Energy Solution - Extracting energy from water currents is a clean, sustainable answer to the carbon emissions problem. Water current resources exist in every region of the world, and there is enough extractable energy in water currents to provide one-third of the world’s annual electricity needs. ORPC has developed an award-winning, proprietary energy solution that harnesses the power of water currents, with none of the greenhouse gases generated by fossil fuels. Potential Reduction in Carbon Emissions - Within 20 years, we could avoid pumping nearly 80 million metric tons of carbon dioxide into the environment annually, if ORPC power systems were deployed worldwide. Between now and 2050, this could result in total avoided emissions of over 1.6 billion metric tons of CO2, equivalent to taking 354 million vehicles off the road, conserving 3.8 billion barrels of oil, or retiring 428 coal-fired power plants. If the full potential of this market is achieved, carbon reductions could grow to almost 180 million metric tons annually, or twice the emissions generated by the State of Colorado.

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