Mining the ocean is still not something that most people think about, and there are many reasons why it is not feasible, according to one of the people who pioneered the idea of a viable mining technique.
According to Chris Stegeman, the founder of the world’s largest privately owned marine mining operation, the vast majority of the energy needed to mine is not actually extracted from the ocean.
Instead, much of it is stored in tanks on the seafloor.
Stegemen and his partners operate a huge, underground network of underwater pipelines that carry water through the ocean and back out through huge holes.
The water is pumped through giant pipes that carry waste water from the surrounding ground into a giant tank that then sends it to the surface for recycling.
When it comes to the ocean, Stegems, and his company, SeaWorld, have been able to capture the vast amounts of energy required to mine in vast quantities without using any of the oil, gas or coal that goes into producing it.
In an interview with Mashable, Stecherms explained that his company uses “batteries, water, salt, minerals, metals and other raw materials to mine, store and transport all the oil and gas in the ocean.”
In order to mine at sea, the process requires “battery powered motors and tanks,” he said.
That means that most of the waste water that goes through the tank, while not being recycled, is used to power a diesel generator that powers a generator that converts that waste into electricity.
That power can then be used to heat the water for the miners, and when that water is released to the sea, it can also be reused to extract precious minerals.
Stegemen explained that when he first came up with the idea in the 1980s, he was trying to solve a problem that had plagued the oil industry since its inception.
The biggest problem that faced oil companies was that they were producing oil and coal with the same amount of energy, but the oil companies were getting very little return on their investment.
When the oil price was low, oil companies would pump out huge amounts of oil and use that to make a profit, but when the price rose, that profits didn’t last long.
So, he decided to solve this problem.
He reasoned that oil companies needed to use more of their energy to produce more oil to make more money.
He also figured that if oil companies could use more energy to make money, they would also use more water to produce the same volume of oil.
Stigemers research was funded by the Rockefeller Foundation and he said that he eventually began to realize that his idea was far from unique.
The Rockefeller Foundation’s research into sustainable resource development and the potential for marine resources in the oceans has been a major part of their efforts to promote sustainable energy use.
In 2011, the Rockefeller Institute funded a study on how marine resources could be used as a way to address the climate change problem, according the Institute’s website.
According the Institute, marine resources, which can be found in many oceans around the world, have significant potential for contributing to the reduction of global greenhouse gas emissions.
For instance, there is evidence that the amount of biomass and other marine species found on the ocean surface can be converted into biofuels.
Another example is the amount and types of plants and animals found on coral reefs can be used for fuel.
The oil and chemical companies Stegemers company works with have had success extracting oil and other petroleum products from the seafltree, and then shipping them to refining plants around the globe.
Stesmer said that this practice is a “sustainable and profitable way to generate economic activity.”
The Rockefeller Institute also has an entire website dedicated to researching the benefits of marine resources.
According to the Institute website, “Marine resource development can help reduce greenhouse gas emission and promote economic growth by: • Increasing the supply of water- and energy-efficient energy and transportation options, particularly through diversified energy production and storage; • Encouraging commercial and residential development of offshore oil and natural gas production; and • Increasing coastal protection and fisheries protection.”
For Stesemers, the ocean mining idea has been successful, and it has been one of his main priorities since the early 1990s.
He has been mining oil and oil sands for years, and has been working on a plan for a marine mining project that could take place in the area of the Gulf of Mexico that he owns.
“I have worked with a few other companies to mine for oil and have been unsuccessful, but I am optimistic that this project will be viable,” he told Mashable.
He added that it would take a long time to develop the project, and he was not sure if he would be able to get his own company to participate.