reach out to us at Shopify, Stripe, and the Chan Zuckerberg Initiative have all purchased future carbon dioxide removal from Running Tide, priced at $250 a ton in Stripes case. Eat more oysters. The Dartmouth-trained engineer comes from a fishing family and once wanted to be a fisherman. For starters, reaching a big enough scale to significantly affect the climate will require dedicating a vast amount of ocean to seaweed farming. Olivia Mercier runs the kelp hatchery at Portland's Running Tide Technologies. Tickets for Running Tide Update: What's New in 2023? Published Share Running Tide Update: What's New in 2023? The Dartmouth-trained engineer comes from a fishing family and once wanted to be a fisherman. Carbon gets moved, on geologic time scales, into the deep earth, where it is rendered chemically inert and no longer warms the atmosphere. decrease the carbon cycle deficit). But he watched as the warming climate drove major shifts in fish populations, while regulators put a lid on how much could be taken from the sea. Climework's Orca project at the Hellisheii Geothermal Power Plant in Iceland. There just arent any mackerel. Added caution is required when it comes to the global commons that are the worlds oceans, researchers at Yale, Woods Hole Oceanographic Institution, the Environmental Defense Fund, and elsewhere warned in a perspective piece last month in Frontiers of Marine Science. Attend, Share & Influence! more time. Our first macroalgae and shellfish are produced in Casco Bay, Maine. And I think that its pretty clear that thats just due to how drastically weve altered the chemistry of the ocean. Running Tides novel approach integrates land and sea photosynthesis, stacking two natural carbon capture pathways. But some scientists fear the ecological risks on large scales. Running Tide executives have been dismissive of concerns raised about the potential impacts of these efforts, both by people within the company and by outside academics, these sources say. Critics, however, fear that as more companies develop net-zero emissions plans, the public relations and financial incentives are pushing players on all sides of this market in a single direction: toward developing, funding, accrediting, selling, and buying as many carbon credits as possible, even if some of the practices have questionable benefits or could inflict environmental harms. Well, it is no secret carbon emissions caused by human activity are accelerating climate change. The government and industry work towards profit and ocean health as one goal. What are we waiting for? Just over a year later, Running Tide and its fisherman/CEO is among the finalists. "We have to compare them against the no-action alternative," he says. (Fred Bever/Maine Public) samtali vi Vsi lkir Marty Odlin, stofnandi Running Tide, starfseminni vi Carbfix, kolefnisbindingarverkefni vi Hellisheiarvirkjun. The Potential Advantages Running Tide's Marty Odlin said it will take a World-War II level mobilization to remove a major chunk of some 200 years' worth of humanity's CO2 pollution, whether via his model or any . This is a critical . Running Tide Profile and History . In addition, nations that are party to the London Convention, an international maritime treaty that regulates ocean dumping, passed a resolution limiting the practice. Navajo lawyer shares perspective on the Indian Child Welfare Act. "I'm not in this to give Godzilla a paper-cut.". He says, too, that restoring marine ecosystems damaged by climate change and other effects of human activity is a core mission of Running Tide. Also, crucially, it floats, so added measures or mechanisms may be needed to ensure that most of it reaches the bottom of the ocean. Once the carbon is sunk deep enough it is effectively stored and removed from being able to harm the environment, Odlin says. With a warming and increasingly acidic ocean, fish that sustained my family, friends, and neighbors (and fed so much of America and the world) were moving north and to deeper waters. Interest in seaweed as a tool for carbon dioxide removal has surged in recent years as studies have found that the world may need to pull down massive amounts of the greenhouse gas, and that various types of macroalgae may naturally store away nearly 200 million tons of carbon a year already. "Essentially what we have to do is run the oil industry in reverse," he says. Odlin wants to mimic those natural processes, and do it in a hurry. Adam Baske (left) and Capt. Using a combination of robotics, sensors and. We must restore and increase the size of fast carbon sinks, but we must also build the pipes that move that fast carbon to slow. People were making money, Odlin wistfully told CNN. Thats equivalent to more than 60% of the global coast, and it would occupy an area nearly the size of Ireland. This is hard work. Running Tides carbon removal system utilizes natural phenomena sunlight, photosynthesis, ocean currents, carbonate chemistry, and gravity to restore and sustainably amplify the carbon buffering capacity of the ocean. "It's like a desert and just within my lifetime," Odlin told The New York Times of changes to the ocean. He noted that the research group Ocean Visions had previously established an expert team to advise and evaluate Running Tides operations. When a seaweed crop is cut, it will sink to the deep ocean where all the CO2 those plants absorbed will remain buried in sediment for thousands of years. Natural ocean mixing patterns might replace a significant amount of the dissolved inorganic carbon taken up by kelp, or shift waters away from the surface, among other factors that can come into play. PORTLAND, Maine CNN Marty Odlin just wanted to go fishing. "When we started learning about Running Tide's approach, I was blown away by the simplicity," says Stacy Kauk, who directs sustainability efforts at Shopify, a $150-billion e-commerce company which will be Running Tide's first customer for carbon-capture credits. Observers also note that while carbon uptake through tree planting and reforestation can be roughly estimated using on-the-ground spot checks or satellite images, its not clear how any accrediting organization could easily or affordably verify how much kelp companies are growing and sinking on free-floating rafts hundreds of miles out in the open ocean. Boyd says it really wouldnt surprise me that the company has run into issues getting kelp to grow in the open ocean. Developing such systems and providing nutrients at sea could both add costs and complexity, and the latter could give rise to legal challenges and public pushback, as early ocean fertilization efforts did. A National Academies of Sciences report last year estimated that seaweed cultivation could remove around 100 million to 1 billion tons of carbon dioxide per year. Running Tide already has created first-of-its-kind data recorders that . We must decarbonize the global economy by stopping the movement of carbon from the slow to fast cycle (i.e. I want them to live in a world where we can go fishing on a summer Sunday afternoon out to a favorite spot in a thriving kelp forest. To learn more about our ocean based carbon removal process and details, check out our whitepaper. What we learned in Iceland helped us reimagine our family business back home. Little ones, suspended from biodegradable buoys floating free in the north. Fred Bever/Maine Public Our shellfish . Its hurting our farmers. The mission of Ocean Visions is to develop innovative and durable solutions to complex challenges facing our ocean. Were not saying dont do it. Neither carbon drawdown nor storage require any anthropogenic energy input. When kelp washes up on beaches, gets gobbled up by invertebrates and bacteria, or otherwise breaks down before it reaches the deep ocean, much of the carbon in it can simply wind up back in the air, says Catriona Hurd, a professor at the University of Tasmania who focuses on seaweed ecology and an author of a March study that highlighted the challenges of seaweed carbon accounting. A behind-the-scenes look at how admissions officers make their decisions, Advertising | Odlin said the companys system and processes include numerous safeguards and reviews to minimize any possible ecological perturbations. He adds that Running Tide is relying on the best science available and has continually consulted with numerous ocean experts. Fred Bever/Maine Public Our next guest has come up with a pretty creative way to capture some of those . From acidification to pollution to temperature rise, human activity has altered the oceans chemistry in ways that may not be undone even if we slash CO2 emissions from land-based sources. We need carbon removal., Carbon removal is a measurable attribute of a fully accounted supply chain defined as the intentional net movement of fast carbon to the slow carbon cycle., Fixing carbon in the fast carbon cycle is only part of the equation; for carbon removal, you must take the next step of transferring that carbon in the fast carbon cycle back to the slow carbon cycle. What's LinkedIn for? The seaweed will gobble up carbon from the air and water, and the limestone will serve as an antacid for the surface layer of the sea like a Tums for the ocean. Ocean Visions and Running Tide Convene an Independent Scientific Advisory Board, White Paper: Carbon Removal Is Mass Transfer From Fast to Slow Carbon Cycles, Honoring Our Veterans and Engaging Them in the Fight Against Climate Change, human beings have moved more than 1.5 trillion tons of carbon, The ocean is the single largest sink of anthropogenic carbon. Pro tennis player returns to Hanover to train with Big Green coach Bob Dallis. But when it came time to take out a boat loan, I just couldnt make the math work, Marty said. The company has said its free-floating microfarms could be seeded with kelp sporophytes and mechanically rigged to sink after six to eight months, ideally to below 1,000 meters (nearly 3,300 feet). The hope is that the fast-growing macroalgae will eventually sink to the ocean floor, storing away thousands of tons of carbon dioxide in the process. 0 Rating. -- CEO Marty Odlin to your collection. He allowed that the yield and consistency are not yet commensurate with that needed for large-scale carbon removal. But he said the company didnt expect that yet, and that some of the initial efforts were mainly focused on testing the companys technical systems and deployment methods.He and Justin Ries, senior scientific advisor at Running Tide, added that scientists already know kelp will grow in the open ocean, because there are varieties that do. Your effort and contribution in providing this feedback is much Brim bur Running Tide velkomi Breiina." ess m a lokum geta a lok jn hyggst Akraneskaupstaur boa til opins bafundar me Marty Odlin, stofnanda Running Tide, ar sem hann mun fjalla um fyrirtki, skra fr huga ess og formum Akranesi og svara spurningum bjarba. (Photo courtesy Running Tide). Its my informed view that its not going to be a thing.. By automating kelp and shellfish farming, Running Tide produces highly scalable and low-cost carbon removal as well as a nutritious, premium, and carbon-negative protein source as cheap as chicken nuggets. For now, from his uncle's re-purposed lobster boat off Maine's coast, the Running Tide team is tending the buoys, making sure they survive the winter storms. The authors called for the scientific field to adopt a code of conduct to guide work in marine-based carbon removal, stressing the lack of regulations, the unknowns in the space, and the potential for even just research to effect tragic or unexpected outcomes.. Odlin says that Running Tide is striving to address a critical societal danger, and doing its best to adhere to what the bulk of the science says. If I had an hour to solve a problem I'd spend 55 minutes thinking about the problem and five minutes thinking about solutions. Albert Einstein., The discipline of engineering requires carefully constructed problem statements before solutions are considered., Our climate is an incredibly complex system, and is the function of interactions between many complex sub-systems. Oceans represent two-thirds of the Earths surface and are the main theater of war for climate change, even more than forests. And as went my dream, so go others in coastal communities. ", Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. Running Tide Founder Marty Odlin, a Dartmouth graduate and engineer whose family includes generations of fishermen, is working with a team of engineers, software developers, oceanographers,. A singular focus on atmospheric carbon has huge ramifications for which climate solutions get funded, built, and deployed, as well as the policies and carbon accounting frameworks that surround them., At Running Tide, we look to the global carbon cycle for a more complete problem statement.. As previously noted, the increased macroalgae growth can also come at the expense of other carbon-sucking species that rely on similar nutrients, which would need to be counted against any carbon removal attributable to seaweed. Though it has not been officially enacted, most nations have abided by the regulations to date. Reversing these impacts at scale requires technology that accelerates the oceans rejuvenation. At Running Tide, our bet is on the ocean. At first it was just Odlin and a friend sitting on buckets and noodling engineering ideas on a white board they found by the road. We operate the largest capacity macroalgae hatchery in North America. But the mackerel swam north and hasnt come back. While the heart of Running Tide will always beat from Casco Bay, we are stoked to be building our first global research and development base in Iceland. Towering banks of fans that can pull CO2 from the sky. She raises sporophytes, or early-stage kelp, on a pipe wrapped with biodegradable string; the string will be placed in the ocean. Boyds Nature Ecology paper in April, as well as the Ocean Visions report, also listed a number of potential ecological problems with kelp sinking on large scales, beyond the possible effects on phytoplankton. The Ocean Visions Launchpadsupports selected $100M XPRIZE Carbon Removal competitors using ocean-based technologies to develop and validate their technology and business models and improve their chances of success. We should get mad and go kill that thing. Sources say the company has explored another, potentially faster way to begin sequestering carbon in the oceans: sinking significant amounts of wood chips or other forms of waste wood, possibly with smaller types of algae growing on them. It mostly grows along coastlines, attaching itself to the rocky seafloor and taking up nutrients from the relatively cool, shallow waters. About RunningTide: Founded by Marty Odlin, an engineer and 4th generation commercial fisherman, and proudly headquartered in Portland, Maine, Running Tide designs and builds technology that amplifies the natural power of the ocean to durably remove carbon, reverse ocean acidification, and restore coastal ecosystems. E1122: Running Tide CEO Marty Odlin is helping solve the Climate crisis by using kelp to sequester carbon in the ocean, shares insights on generational shifts in climate response & more This Week in Startups Technology Check out Running Tide: https://www.runningtide.com FOLLOW Marty: https://twitter.com/martyodlin -- CEO Marty Odlin, https://cdn-az.allevents.in/events9/banners/986131e0-7c83-11ed-9fac-1d5ca8bea482-rimg-w720-h720-gmir.jpg, We'll find event recommendations just for you. We have a commitment to science and take seriously our stewardship of the oceans.. Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. Adam Baske (left) and Capt. Running Tide's innovative portfolio of nature-based solutions include open ocean carbon removal to sequester and store carbon in the deep ocean while naturally fighting ocean acidification and regenerative aquaculture to . Recent papers have posed a host of hard questions about the wisdom, effectiveness, and possible ecological dangers of growing and sinking kelp on the scales the company proposes. The centerpiece idea is a network of thousands of buoys floating in the North Atlantic, each holding a microforest of seaweed and a few pounds of limestone. We build IoT sensors and advanced automation systems. Overfishing wiped out the abundance of cod in the 1980s and 90s, until catch limits were eventually reduced by 95%. Marty Odlin, the CEO of Running Tide, wants to absorb carbon dioxide from the air and sea with a network of kelp-growing bouys. In 2018 he and his wife, Justine Simon 06, who live outside Portland, Maine, started Running Tide. Hurd says its not clear that farming and sinking kelp in the oceans will make any difference to atmospheric carbon dioxide., I dont think so, she says. But considering the most successful carbon removal facility in the world so far Icelands Climeworks can pull down fewer than 4,000 tons annually, it could be decades before that goal is met. Time Website. 2019. And thanks to our work in Iceland, were on our way., Ocean Visions and Running Tide Convene an Independent Scientific Advisory Board, White Paper: Carbon Removal Is Mass Transfer From Fast to Slow Carbon Cycles, Honoring Our Veterans and Engaging Them in the Fight Against Climate Change. At least several of the departures were due, in part, to concerns that the companys executives werent paying sufficient attention to the potential ecological effects of its plans. "The intentional removal of eight hundred gigatons of carbon from the atmosphere will probably be the biggest engineering challenge in human history," Running Tide Founder Marty Odlin admits. Not just because the water is so warm that they are finding more and more Caribbean trigger fish in lobster traps, but because every ton of fossil fuel burned also makes the sea more acidic. Adam Baske (left) and Capt. What's LinkedIn for? -- CEO Marty Odlin with your friends. But. Its going to be this constellation of solutions, mitigation efforts, and geoengineering., Admit? What were trying to do is blow some cold air into a debate thats been done in a pretty cavalier fashion so far, he says. The business says its aquafarming operations, which include producing shellfish, can help rehabilitate marine habitats. All content is posted anonymously by employees working at Running Tide. Theres broad agreement among climate scientists that in addition to slashing emissions, the world needs to figure out ways to begin rapidly drawing down vast amounts of carbon dioxide to address the rising dangers of global warming. 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