A week ago, StatOilHydro, Norway’s majority state-owned energy company, debuted the world’s first floating offshore wind turbine. The advantage of a floating turbine — as opposed to one firmly anchored in the seabed — is that it can be located in much deeper waters than standard offshore windmills. Further offshore, the winds tend to not only be stronger but the machinery is also conveniently invisible to NIMBY beachfront property owners. If the deployment proves to be a cost-efficient gener