Tidal energy could make a significant contribution to the decarbonization movement if it’s able to get off the ground and scale up to become competitive in the energy market To get off the ground, tidal companies need national governments to introduce revenue support schemes, guaranteed prices, and decent bank loan rates Tidal energy seems unable to break out of its infancy and into the market. The zero-carbon, renewable form of energy production has major potential for contributing a significant amount of energy to the grid, particularly in Europe and Asia, without contributing to (or possibly even lowering) their carbon footprints. However, there may be more working against tidal energy than it has going for it. Banks seem unwilling to back tidal ventures due to unproven profit margins, and environmentalists aren’t totally sold on it either. However, as the urgency of mitigating emissions and the effects of climate change sets […]