To beat the tax man, tech companies are forced to hire more employees offshore versus onshore, and to move offices, sales, and property offshore too.
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"The way I think most Alaskans feel, the federal government won't let us go to the east onshore, they won't let us go to the west onshore, the only place to go is offshore, and they won't let us do that now, " said Kurtis Gibson, deputy director of the Alaska Division of Oil and Gas, part of the state's Department of Natural Resources.
Of course the cost of offshore wind farms are higher compared to onshore but will be offset by power output.
The sands yielding oil and gas discoveries are universally similar from onshore Louisiana to far offshore in the deep water.
Offshore wind power has historically played second fiddle to onshore wind projects as a result of higher costs and technology constraints.
As if that were not bad enough, the current approach to tackling the problem of onshore and offshore laundering havens is flawed, too.
Aquacopia's answer to the onshore farming challenge: Go offshore.
Everything produced offshore must come onshore, where it will be sold to U.S. refineries to make gasoline to power U.S. cars.
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Yes, Newpark has some exposure to the offshore business, but the company is more of an onshore drilling play.
Moreover, onshore production of floating turbines that are then towed offshore to be anchored in place should prove cheaper than the weather-restricted and costly off-shore construction of sea-bed turbines.
But it is by no means in contradiction to decreasing our reliance on foreign oil, because we also want to increase the production of domestic oil sources, both offshore and onshore.
Under the deal, Wood Group PSN (WGPSN) will continue to provide engineering, procurement, construction and services to Total's Alwyn, Dunbar, Elgin and Franklin offshore platforms and the St Fergus onshore gas plant.
While the typical onshore turbine is normally in the 1.5 to 2 MW range, the offshore market will look far different.
In the review of the 2010 outlook published in November of that year, the updated averaged capital costs for deploying onshore wind power technology were seen to have increased by 21%, while those for offshore deployment went up by 50%.
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For example, Italy and the Netherlands, which have had considerable domestic natural gas production over the years, have the majority of their production offshore, but fracing can only be conducted from an onshore site because it requires immense amounts of freshwater to be pumped down the well.
In America three-quarters of onshore hedge funds have offshore clones, mainly because hedge funds with foreign investors, who are not required to pay taxes on their hedge-fund investments in America, would still need to file America's unwieldy tax returns if they invested onshore.
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