Oil spills have a catastrophic effect on the environment, wildlife & human health, as well as the economy.
Current clean-up methods are expensive, complicated and frequently cause further harm to marine life & the surrounding environment.
A new sponge technology can absorb 30x its weight in oil, can be squeezed and re-used, as can the recovered oil. The sponge can also selectively absorb other nasties like phosphates, from fertilizer runoff and agricultural pollution.
"We have the lowest energy costs in a zero emissions world and it becomes an advantage in processing Australian minerals. That can become a huge industry.We also have big advantages in our huge areas of land for capturing carbon in plants, in the soil, exporting carbon credits, growing biomass for industry because we won't be making plastics and petrochemicals out of oil, gas and coal, we'll be making them out of biomass and if we get our act together we can do that more cheaply than others."...https://www.abc.net.au/7.30/what-will-the-post-covid-economy-look-like/13194362