The top of the webpage for Emerging Energy Research says "investment in wind power is surging globally, rising from an $8 billion per year plateau from 2002-2004 to more than $18 billion annually on average for 2008-2010, with most of the growth in North America and Asia."
But the latest report issued by the group based in Cambridge, Mass. says "the birth of the Canadian offshore wind industry is years away, despite vast resource potential off the coast of British Columbia and in the Great Lakes off Ontario," according to the Toronto Globe and Mail. The same is likely true on the American side of the Great Lakes.
Meanwhile, back at Emerging-Energy.com, we read this analysis in the featured View Point: Enter Goliath - European Utilities Ramp Up Offshore Wind.
