An Englishman's Castle

Britain must act fast to rule wave-power world - Green Living - Environment - The Independent

Britain's dream of leading the world in harnessing the power of the sea is in danger of being sunk by risk-averse, under-ambitious policymakers who are letting foreign rivals dominate a multibillion-pound industry. An influential Commons committee warns that without a "more visionary" approach from ministers and officials, the development of wave and tidal technology will stall and other countries will steal a march on British firms.

Translation, Britain's firms are losing their world beating status of subsidy slurping and unless more dosh is chucked at them then those beastly foreigners will spend all their own money on developing the technology which we could then cheaply use in the future.