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. As kelp piles up on the seafloor, it could choke off dense communities of species that live within ocean sediments. 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. For starters, reaching a big enough scale to significantly affect the climate will require dedicating a vast amount of ocean to seaweed farming. Rob Odlin of Running Tide Technologies in the Gulf of Maine. Tue Jan 17 2023 at 12:00 pm to 01:00 pm. What Running Tide is doing . Well, it is no secret carbon emissions caused by human activity are accelerating climate change. samtali vi Vsi lkir Marty Odlin, stofnandi Running Tide, starfseminni vi Carbfix, kolefnisbindingarverkefni vi Hellisheiarvirkjun. At Running Tide, our bet is on the ocean. Carbfix fangar kolefni og dlir v niur berglg. And if it does, well make an adjustment., But he suggested the company cant respond or react to every little paper that comes out from every person.. The company is called Running Tide Technologies, and it's prototyping the concept this winter. So founder Marty Odlin decided to build a business selling carbon credits around this fact. Just over a year later, Running Tide and its fisherman/CEO is among the finalists. Running Tide, an aquaculture company based in Portland, Maine, has said it expected to set tens of thousands of tiny floating kelp farms adrift in the North Atlantic between this summer and next. Odlin said there was never a plan to sink wood on its own and replied no when asked if the company has proposed adding nutrients to the ocean. Odlin wants to mimic those natural processes, and do it in a hurry. Last October, Odlin tweeted about another startup that had announced it successfully removed 5,000 tons of carbon dioxide: Ignore all the hype, tweets, concern trolling, conferences, fundraising, etc. A proprietary system remotely monitors the microforests, quantifying kelp growth, carbon content, and sinking locations. Adam Baske (left) and Capt. Large rafts of free-floating kelp could introduce invasive species and microbes. It mostly grows along coastlines, attaching itself to the rocky seafloor and taking up nutrients from the relatively cool, shallow waters. On the private sector side, Canadian e-commerce giant Shopify is among the tech companies pledging to prepurchase $1 billion worth of carbon credits from startups like Running Tide, with the hope that other corporations will follow. Odlin declined to comment on any specific personnel moves, but he insisted the company hasnt seen an unusually high level of turnover for a five-year-old startup. ", Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. The transfer of carbon from fast to slow is the most important mass-moving challenge of the 21st century. Odlin spent his childhood on fishing boats in Maine, where he saw kelplots of italong the rocky Atlantic shoreline. Researchers have pointed out numerous additional challenges in economically scaling up the natural seaweed carbon cycle into a massive, reliable form of greenhouse-gas removal and storage. Thats because the seaweed competes for nutrients with other carbon-sucking species like phytoplankton, among other complex biogeochemical feedback effects. Odlin said the company has long planned to use wood in some way in its kelp rafts, noting that it could also carry down the carbon in its biomass as it sinks. It unlocked a highly scalable, portable, and low cost energy source that powered the Industrial Revolution and helped build the world as we know it today., But there has been a massive global cost to unleashing that energy source. Its stealing our fish. Running Tide Technologies, Inc. builds technologies to sustainably scale the natural processes of the ocean. As a global community, we have many steps (and a few giant leaps) to go. "Collaborations between academia and our team will expedite our goal of removing carbon dioxide on the gigaton scale in the coming years." PORTLAND, Maine (PRWEB) February 09, 2021 Marty Odlin is the Founder and CEO of Running Tide, a leading global decarbonization and carbon removal platform. Killing Godzilla will require that we rebalance the carbon cycle. In an interview and subsequent email, Running Tide CEO Marty Odlin stressed that the company has no current plans to implement the concept described in the patent filing. We have a commitment to science and take seriously our stewardship of the oceans.. 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. 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. 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. Using a combination of robotics, sensors. 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,. Marty Odlin, Running Tide CEO, discusses the startup's latest initiative to fight climate change. That decision, which isnt binding in itself, was driven in part bygrowing interest among businesses in the possibility of adding nutrients to the oceans to stimulate growth of marine species to suck down carbon dioxide. Read More. She raises sporophytes, or early-stage kelp, on a pipe wrapped with biodegradable string; the string will be placed in the ocean. Eight months ago, I joined a company that wanted to set up in Iceland to further research and develop its carbon removal solution. "Essentially what we have to do is run the oil industry in reverse," he says. The company is also building floating oyster farms, which filter millions of gallons of seawater while growing a marketable source of protein and capturing carbon in the shells at the same time. She says Shopify is willing to pay a premium for the credits now, in hopes the technology can ultimately be brought to a price-point that would attract broad buy-in from other businesses and governments. Having conducted tests on this solution's ability to remove carbon for 18 months, Odlin expressed confidence that "sinking kelp forests can get to megatons very quickly relative to other technologies." That said, scaling up Running Tide's operation depends on what the data says from their ongoing experiments. We start growing macroalgae on vertical lines. Overfishing wiped out the abundance of cod in the 1980s and 90s, until catch limits were eventually reduced by 95%. Author discusses his debut short story collection. When we tell people what Follow: @martyodlin Kill Godzilla. "Right now it's purely a production facility," he said of the hatchery. No one said this was going to be easy, Odlin says, noting that theyre working with complicated biological systems and a variety of macroalgae species. The ocean is the single largest sink of anthropogenic carbon. The venture-backed startup believes kelp could be a powerful tool to combat climate change. 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 . Several seaweed experts and marine biogeochemists stressed in interviews that Running Tides interventions could harm highly complex, interconnected, and delicate ecosystems. Stay tuned with the most relevant events happening around you. Oceanographers say that sinking significant amounts of wood could dramatically alter deep-water ecosystems. That is the work of carbon removal., To do this, we must look to the natural world and learn from how it already naturally moves carbon from the fast cycle to the slow. This means CCS must grow from an industry worth a few billion in 2022 to a trillion dollars a year by 2030. Functionally, there are two pathways that exist in nature: you can put organic carbon under tremendous pressure or you can turn organic carbon into inorganic carbon and put it under tremendous pressure. 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. If it becomes a part of the mainstream science playbook, we would consider it, but its not something thats on our road map, he said, adding later: Theres no gotcha there., In response to a follow-up email that included a question about the patent filing, he wrote: Running Tide has not prioritized meaningful operational development in this area. -- CEO Marty Odlin can be booked here. What does it mean to be a trustee? Grace is an . Fans in front of the collector draw in ambient air and release it, largely purified of CO2, through ventilators at the back. 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. He said the company currently has 17 scientists, seven with PhDs, who have expertise in agronomy and ocean science. Having grown up around commercial fishing and received formal training as an engineer, Marty is combining his passion for our Show Solving Climate, Naturally, Ep Marty Odlin, CEO of Running Tide - Feb 28, 2022 Pro tennis player returns to Hanover to train with Big Green coach Bob Dallis. The company has recently explored using wood buoys that are coated in limestone, which may ease ocean acidification as well, as The Atlantic recently reported. Full Moon Retreat: with Dance Celebration! This is in fact an example of us respecting and trusting scientific consensus., Some of the concerns that you raise seem to be rooted in decontextualized ideas that emerged during our open and inclusive early-stage, company-wide brainstorming events and thought experiments, where we consider without judgment the range of all possible ways to solve difficult challenges, he wrote, adding that there are many steps between potential ideas emerging from these brainstorming sessions and their implementation as a carbon removal strategy.. Email. The company has raised millions in venture funding and gained widespread media attention, and it counts big names like the Chan Zuckerberg Initiative among its customers. 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. Odlin. What's LinkedIn for? This is hard work. Marty Odlin, Running Tide CEO, discusses the startup's latest initiative to fight climate change. Olivia Mercier runs the kelp hatchery at Portland's Running Tide Technologies. Did you encounter any technical issues? Our next guest has come up with a pretty creative way to capture some of those . Not all of them are going to work out. This is perhaps the most consequential mass transfer in human history. Together theyre trying to hook a kind of monster carbon dioxide. At a large scale, though, Running Tide is mindful there could be unwanted consequences. Ocean Visions, a nonprofit organization, works to develop innovative and durable solutions to the complex challenges facing our ocean. The UN enacted a moratorium on ocean fertilization for commercial purposes more than a decade ago. Im such an optimist when it comes to the potential of the of the American spirit. We should get mad and go kill that thing. Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. Kelp is weirdly great at sucking carbon out of the sky, Whats good for the ocean may also be good for business, Maine startup aims to pull carbon out of the atmosphere by growing and then sinking kelp farms. Go-to place to discover events for more than 20M people globally. They all swam to Iceland.. more time. The oceans dont necessarily suck up an equivalent amount from the air. If it was just overfishing, we would have seen the stocks rebound, and we havent seen them rebound. Engineer Marty Odlin 04, Th07, makes waves with kelp. Now this seaweed plays a key role in his effort to minimize global warming. Marty Odlin just wanted to go fishing. -- CEO Marty Odlin, Online Course - Empowering People for the Metaverse. Right?. High-tech carbon-removal innovations are emerging around the world. Marty Odlin is Founder and CEO of Running Tide, a Maine-based company seeking to harness, accelerate, and scale the most impactful restorative processes naturally at work in the ocean to build a climate positive future. Our first macroalgae and shellfish are produced in Casco Bay, Maine. Sources describe a company thats driven by the need to begin earning carbon credits by sinking biomass of some kind into the ocean. Wed, Jan 25, 2023 12:00 PM GMT (+00:00) 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. In addition, nations that are party to the London Convention, an international maritime treaty that regulates ocean dumping, passed a resolution limiting the practice. "I'm not in this to give Godzilla a paper-cut.". 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,. 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. 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. Microsoft last year committed a billion dollars to kick-start research and development in the emerging field of carbon-removal tech. Surface waters, in turn, draw down additional carbon dioxide from the air over the weeks to months that follow, restoring the balance between the oceans and atmosphere. Carbon capture and sequestration, or CCS, is hardly the term that rolls off the tongue at dinner parties even in the age of increasing unnatural disasters. decrease the carbon cycle deficit). Published Its going to be this constellation of solutions, mitigation efforts, and geoengineering., Admit? As the climate crisis intensified, he returned to Maine to help his familys commercial fishing business. Though it has not been officially enacted, most nations have abided by the regulations to date. This is a major threat to the oceans biosecurity, Boyd says. Our footprint scales as we operate multiple shellfish farm sites. The overwhelming scientific consensus is that seaweed cultivation presents one of humankind's most promising ocean [carbon dioxide removal] pathways, as asserted in last years National Academies report, he wrote. TOPSHOT - Climeworks factory with it's fans in front of the collector, drawing in ambient air and release it, as largely purified CO2 through ventilators at the back is seen at the Hellisheidi power plant near Reykjavik on October 11, 2021. 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. The fossil fuels industry is a highly efficient, multi-trillion global carbon market that moves carbon from slow to fast. See jobs Follow View all 102 employees About us Rebalancing the natural carbon cycle and deacidifying the ocean. It's a big risk. People were making money, Odlin wistfully told CNN. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, Number of news articles that reference the Person. Marty Odlin, CEO and founder of Running Tide, spoke briefly at the meeting. Weve been burning carbon from coal and oil into the atmosphere and oceans for decades. Guest author Marty Odlin, Running Tide CEO, is a third generation fisherman and engineer by training. All this anxiety, all this frustration that people have, its just because we havent been unleashed. (Fred Bever/Maine Public) As a kid growing up on the Gulf of Maine, hed jump from boat to boat on Portland docks humming with the kind of energy that once hauled hundreds of thousands of pounds of cod into port each day. Thu, Feb 2, 2023 12:30 PM GMT (+00:00) 0 - 10. Kill Godzilla. 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. Ocean Visions also announced the formation of an independent scientific advisory board for the company on June 8. Odlin said the company is probably building the most complete and robust quantification engine for monitoring, reporting, and verification of ocean-based carbon dioxide removal, adding: And were going to look to partners, to third parties, to validate that., Odlin said that Running Tide continually reviews new research in the field, internally and with its scientific advisors, to determine if any of it changes the mainstream understanding of where the science is at with these earth systems, he says. Our next guest has come up with a pretty creative way to capture some of those . Find contact's direct phone number, email address, work history, and more. Also, crucially, it floats, so added measures or mechanisms may be needed to ensure that most of it reaches the bottom of the ocean. Likewise, the parties to the London Protocol, which is supposed to eventually replace that treaty, passed an amendment restricting it. Music historian takes charge of NYPL Research Libraries. Video transcript. Tendencia The New York Times Marty Odlin, quien creci y vive en la costa de Maine (EE.UU. The company is part of a new wave of big-thinking about removing carbon from the atmosphere at a planetary-scale. Running Tide designs and deploys cutting-edge diagnostics and . 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. Marty studied robotics at Dartmouth, managed a fleet of five fishing boats, and his family has been in the offshore fishing business for generations. Odlin, who comes from a Maine fishing family and went to college for robotics, founded Running Tide in 2017 on the theory that the ocean, which covers two-thirds of the planet's surface,. "It's like a desert and just within my lifetime," Odlin told The New York Times of changes to the ocean. - Climeworks factory is in ICELAND containers similar to those used in maritime transport are stacked up in pairs, 10 metres (33 feet) high. A few oysters on a plate or a pile of kelp on the beach can seem like such tiny weapons against a carbon Godzilla, but Odlin dreams of goosing their natural powers with the latest in biotech and building them to a massive scale on the same Maine docks where his ancestors built ships to beat Hitler. hide caption. The new building would enable research and development "of different strains of oysters or clams or macroalgae," such as kelp, and "would allow us to increase the size and scope of our . 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. Running Tide is founded and the team builds a system to revolutionize ocean growing. But Running Tides macroalgae-sinking plans have generated the most attention. We open our shellfish hatchery in North America. But if humanity hopes to maintain a livable planet, science agrees that billions of tons of CO2 must be removed from the air and ocean and locked away, ASAP. Using a combination of robotics, sensors and. Adam Baske (left) and Capt. 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. At the heart of the project lies kelp, a variety of large, brown seaweed recognized for its ability to rapidly absorb carbon dioxide, the heat . upcoming events, and more. 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 ocean is the single largest sink of anthropogenic carbon. 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. hide caption. 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. Boyd says it really wouldnt surprise me that the company has run into issues getting kelp to grow in the open ocean. We have got 40,000 cities covered worldwide, Discover Online Events - Attend from anywhere , Running Tide Update: What's New in 2023? Our shellfish . Our proprietary verification system is operational. There has never been a specific ecological consideration raised by a member of our team that has not been seriously addressed and contextualized by our research department, our executive team, and discussed with external partners, Odlin wrote. Founded by Marty Odlin, an engineer and 4th generation commercial fisherman, and proudly headquartered in Portland, Maine, Running Tide designs and builds techn Read More Headquarters PO Box 10304, Portland, Maine, 04104, United States Phone Number (207) 835-7010 Website www.runningtide.com Revenue <$5M Industry Business Services General They either didnt respond to inquiries or declined to comment for this piece. They'll return in the spring to sink this test-crop of carbon-removing kelp a thousand meters deep, hopefully to stay there for millennia. Running Tide reverses the cycle by sinking terrestrial biomass, growing kelp in the open ocean, and farming shellfish. Its burning forests down. reach out to us at Our multipathway system utilizes materials that already exist in the ocean, including terrestrial biomass (floatation and transport), calcium carbonate (alkalinity enhancement), and macroalgae (carbon sequestration) to put carbon back in the slow cycle in the deep ocean and marine sediments.. The microalgae he saw from boats would naturally absorb carbon and eventually sink to the ocean floor, deep enough to remove the carbon from the atmosphere. While there are hundreds of species the company could test in many parts of the oceans, most are adapted to the nutrient-rich waters largely concentrated along the coasts, he says. One startup in Maine has a vision that is drawing attention from scientists and venture capitalists alike: to bury massive amounts of seaweed at the bottom of the ocean, where it will lock away carbon for thousands of years. The team, which included scientists from the Woods Hole Oceanographic Institution and the Monterey Bay Aquarium Research Institute, issued a report in 2021 that highlighted a number of potential environmental effects from various scales of seaweed sinking and provided guidance on future research efforts. 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. CNN Sans & 2016 Cable News Network. 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