Reuters: For millennia, Australia’s rugged southern coast has been carved by the relentless action of waves crashing ashore. The same wave energy could soon be harnessed to power towns and cities and trim Australia’s carbon emissions. “Waves are already concentrated solar energy,” says Michael Ottaviano, who leads a Western Australian firm developing a method to turn wave power into electricity. “The earth has been heated by the Sun, creating wind, which created the swells,” he …