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. Last Update. 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.. Running Tides ambitious plans, coupled with the loss of key scientists there, have raised particular concerns among some observers. E.g. A giant kelp forest along the coast of Isla de los Estados, an island near Tierra del Fuego. We fish for mackerel, we catch our fair share, and if they're feeling brave, we dive down and grab an oyster. Video transcript. Email. Thu, Feb 2, 2023 12:30 PM GMT (+00:00) 0 - 10. hide caption. Odlin thought if he could make the natural carbon reduction processes more efficient, he could achieve carbon removal on a large scale. Its a Godzilla, Odlin said. 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. Marty tells us about Running Tide's approach employing automated system. As the climate crisis intensified, he returned to Maine to help his familys commercial fishing business. Neither carbon drawdown nor storage require any anthropogenic energy input. Guest author Marty Odlin, Running Tide CEO, is a third generation fisherman and engineer by training. If it was just overfishing, we would have seen the stocks rebound, and we havent seen them rebound. Our in-depth reporting reveals whats going on now to prepare you for whats coming next. Marty Odlin, Running Tide CEO, discusses the startup's latest initiative to fight climate change. The executives, they add, minimized the downsides by asserting that addressing the urgent challenges of climate change will outweigh any possible ecological harms. Rob Odlin. "Running Tide Founder Marty Odlin ['04, Thayer '07], a Dartmouth graduate and engineer whose family includes generations of fishermen, is working with a team of engineers, software developers, oceanographers, maritime professionals, data scientists and hatchery technicians to bury massive amounts of kelp at the bottom of the ocean. Carbon gets moved, on geologic time scales, into the deep earth, where it is rendered chemically inert and no longer warms the atmosphere. Its going to be this constellation of solutions, mitigation efforts, and geoengineering., Admit? OpenAir is excited to present , an online event series that explores the wide range of carbon dioxide removal (CDR) solutions currently being researched, developed, and deployed, and discusses them in the context of CDR policies OpenAir seeks to formulate and advance at every level of government in the U.S., as well as in national and subnational jurisdictions globally. 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. The company is part of a new wave of big-thinking about removing carbon from the atmosphere at a planetary-scale. Starting businesses, building boats, making nets. Microsoft last year committed a billion dollars to kick-start research and development in the emerging field of carbon-removal tech. Fred Bever/Maine Public What Running Tide is doing . The idea is that locating the farms there means they wont compete with other shoreline uses like maritime operations and ensures that more of the seaweed will end up on the seafloor. As Odlin notes, the fossil fuels we burn for energy started out as plants millions of years ago. We adopted and adapted some of the more accessible and high leverage innovations and I took their lessons to start a new company that I hoped could revitalize not only my own coastal community, but help heal the ocean for everyone., As I built Running Tide, I always had Iceland in my mind's eye. But Running Tide struggled to grow kelp along rope lines in the open ocean during initial attempts last year and has lost a string of scientists in recent months, sources with knowledge of the matter tell MIT Technology Review. Staff exits in recent months, according to LinkedIn, include Margaux Filippi, the director of ocean science; Raj Saha, senior data scientist; Olivia Alcabes, data research scientist; Jean Bertrand Contina, agronomy lead for macroalgae production; and Maxwell Calloway, senior kelp biologist. In 2010, scientists at the University of Hawaii at Mnoa and elsewhere sank more than 400 pounds of Douglas fir boards nearly 5,500 feet to the bottom of the Santa Cruz Basin, off the coast of California. Marty Odlin, CEO and founder of Running Tide, spoke briefly at the meeting. Fred Bever/Maine Public A Warner Bros. The key issue is how to move the hundreds of gigatons of carbon emitted by fossil fuels from the "fast cycle," where carbon flits from fossil fuels to the air to plant matter, back to the "slow cycle," where they remain locked away . A systems engineer and member of a 4th generation fishing family, Marty founded the company in 2017 after seeing the devastating implications of climate change on his own community. Some employees were also disturbed that Running Tide was discussing more controversial practices, including adding nutrients to the ocean to stimulate macroalgae growth. Boyd and Hurd both stress that the field is a long way from being able to create models that accurately estimate how much carbon will be stored through large-scale macroalgae sinking, which would be essential to any credible carbon offset market. Now they have billionaire investors . Check out Running Tide: https://www.runningtide.comFOLLOW Marty: https://twitter.com/martyodlinFOLLOW Jason: https://linktr.ee/calacanisListen here.Apple: . He realized early the uncertainty of wild-captured fisheries. A behind-the-scenes look at how admissions officers make their decisions, Advertising | We should get mad and go kill that thing. But he also started thinking about how to stop the damage in the Gulf of Maine, one of the fastest warming bodies of water on the planet. AKIKO FUJITA: Welcome back to Yahoo Finance Live. Right?. But executive director Brad Ack says all that will be weighed in the context of the urgency of combating climate change. Outside experts are pitching in: A consortium of oceanographers from MIT, Stanford and other top research outfits will review the project and its environmental risks. 2019. This startup grows kelp then sinks it to pull carbon from the air, Whats good for the ocean may also be good for business. Towering banks of fans that can pull CO2 from the sky. Musk said he was out to find the smartest, most cost-effective means and markets to capture carbon. Dec 2019 - Oct 20211 year 11 months. Some are going to work really well; some are not; some are going to have huge variance thats part of the systems optimization that takes years., This might take 30, 40 deployments to start to get traction and get this just right, he says, adding that the company is still a long way away from any significant deployment.. "Essentially what we have to do is run the oil industry in reverse," he says. But if youre going to do it, theres a whole bunch of stuff you havent thought about yet.. People were taking risks. Save Running Tide Update: What's New in 2023? hide caption. Oceans represent two-thirds of the Earths surface and are the main theater of war for climate change, even more than forests. And an incomplete problem statement leads to incomplete solutions., Concentrations of carbon dioxide have increased dramatically in the atmosphere, but they have also increased dramatically in the ocean. AKIKO FUJITA: Welcome back to Yahoo Finance Live. It rated the knowledge base as medium-high, scalability as medium, durability as medium-high, and environmental risk as medium-high.. 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 have to compare them against the no-action alternative," he says. This is hard work. Marty Odlin, the CEO of Running Tide, wants to absorb carbon dioxide from the air and sea with a network of kelp-growing bouys. Well, theres only one Earth and even a 0.1% chance of disaster, why take that risk?. 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. 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. The Dartmouth-trained engineer comes from a fishing family and once wanted to be a fisherman. The Technology Running Tide is deploying and testing free-floating microforests in the open ocean to sequester carbon before sinking into the deep ocean for durable storage. They said the company will continue testing on small pilot scales until it identifies optimal species, locations, and conditions. Running Tide is founded and the team builds a system to revolutionize ocean growing. "Once the carbon is sunk deep enough it is effectively stored and removed from being able to harm the environment," Odlin says. Eat more oysters. Marty Odlin is the Founder and CEO of Running Tide, a leading global decarbonization and carbon removal platform. Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. It also promised to find ways to remove all the CO2 its operations have put in the air since it was founded. 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. Running Tide founder and CEO Marty Odlin commented: "We are deeply grateful for the support of our Icelandic partners, the Icelandic government, and the Icelandic people in developing, deploying, and scaling solutions that will combat climate change and improve lives, both here in Iceland and around the world." . Marty Odlin, whose family has been fishing in Maine for generations, has started a small company named Running Tide (the name of his boat) to remove carbon dioxide, a main culprit in global warming . But a growing number of researchers and critics fear that some of the science is getting lost amid the carbon removal gold rush. In 2018 he and his wife, Justine Simon 06, who live outside Portland, Maine, started Running Tide. The business says its aquafarming operations, which include producing shellfish, can help rehabilitate marine habitats. And I think that its pretty clear that thats just due to how drastically weve altered the chemistry of the ocean. 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. Running Tide What we learned in Iceland helped us reimagine our family business back home. Our CEO, Marty Odlin, conceptualizes the first microforest. We build IoT sensors and advanced automation systems. Much of it was ocean algae that sank to the bottom of ancient seas, where chemistry and water pressure transformed it into oil, over geologic timescales. Subscribe to our e-newsletter to get the latest news and opportunities from Ocean Visions. Pumps injecting plant-based biofuels into the earth. A proprietary system remotely monitors the microforests, quantifying kelp growth, carbon content, and sinking locations. 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. They add that a rigorous, open, and extended scientific process involving teams of ecologists, oceanographers, and modelers will be required to better understand the complex interplay between these forces and to assess the benefits and costs. Heal the ocean. The oceans dont necessarily suck up an equivalent amount from the air. That said, scaling up Running Tide's operation depends on what the data says from their ongoing experiments. -- CEO Marty Odlin to your collection. 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. 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. View Marty Odlin's business profile as Founder & Chief Executive Officer at Running Tide. This year's goal is more modest: an on-the-water experiment, floating about 1600 single-buoy "micro-farms" to gather data and prove the concept. 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. Published 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. Kelp, although it is technically not a plant but an algae, is one of the fastest growing organisms. 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. Running Tide is the global ocean health company that develops the technologies, techniques, and systems to rebalance the carbon cycle, combat ocean acidification, and rebuild coastal ecosystems. -- CEO Marty Odlin, Online Course - Empowering People for the Metaverse. He sees potential for Running Tide to help reverse global warming. The UN enacted a moratorium on ocean fertilization for commercial purposes more than a decade ago. Companies might sink a bit of carbon to the seafloor, but a lot of it will get broken down and remineralized along the way, Hurd says. The Potential Advantages The transfer of carbon from fast to slow is the most important mass-moving challenge of the 21st century. decrease the carbon cycle deficit). Running Tide's founder and CEO, Marty Odlin, comes from a long line of Maine groundfishermen. At Running Tide, we build technologies that allow us to harness the power of the ocean to build a climate positive future. Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. The climate risks were so high. There just arent any mackerel. What are we waiting for? But some scientists fear the ecological risks on large scales. Olivia Mercier runs the kelp hatchery at Portland's Running Tide Technologies. What's LinkedIn for? "Ocean Visions involvement is critical to our mission at Running Tide" says Marty Odlin, Running Tide CEO and Founder. Attend, Share & Influence! More research is also required to know how much carbon stays sequestered, for how long, in varying locations and conditions, even when kelp does reach the bottom, she says. What does it mean to be a trustee? The government and industry work towards profit and ocean health as one goal. We launched Shopify's Sustainability Fund to address a hard truth: there's too much carbon in the air. Lets say you think its 99.9% likely that adding all the CO2 to the oceans and atmosphere is going to be fine, so theres a 0.1% chance of disaster, Musk said while livestreaming his XPRIZE announcement on YouTube from an undisclosed jungle. ", Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. Website. Running Tide Profile and History . 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. Marty Odlin, Running Tide CEO, discusses the startup's latest initiative to fight climate change. 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. Most of the researchers left after less than a year at the company and several after only six months, according to the career networking site. Heal the ocean. OpenAir is a grassroots volunteer collective dedicated to advancing carbon removal technologies through collaborative policy advocacy and research and development projects. 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. 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. Marty Odlin is a Founder at Running Tide based in Portland, Maine. The carbon cycle can be divided into two systems: A more complete Problem Statement: The carbon cycle is out of balance and pulling the climate out of the goldilocks zone, Burning Fossil Fuels = > Unbalanced Global Carbon Cycle = > Warmer Planet/Acidified Ocean/Ecosystem Loss => Pulling climate out of the goldilocks zone = > Bad, By burning fossil fuels organic material that had been compressed by geology into the slow carbon cycle over millions of years human beings have moved more than 1.5 trillion tons of carbon from the slow carbon cycle to the fast carbon cycle. Carbfix fangar kolefni og dlir v niur berglg. 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. One thing matters: Delivering tonnage.. 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. As a kid growing up on the Gulf of Maine, he'd jump from boat to boat on Portland docks humming with the kind of energy that once. The Dartmouth-trained engineer comes from a fishing family and once wanted to be a fisherman. Using his training as an engineer, Mr. Odlin has decided to try to reverse that decline with his company, Running Tide, which is based in Portland. "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. 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. -- 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. Wed, Jan 25, 2023 12:00 PM GMT (+00:00) Large rafts of free-floating kelp could introduce invasive species and microbes. Tickets for Running Tide Update: What's New in 2023? 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.. Rob Odlin of Running Tide Technologies in the Gulf of Maine. Running Tide already has created first-of-its-kind data recorders that . But thats just part of this. 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. Also check out other Virtual Events in Online. He noted that the research group Ocean Visions had previously established an expert team to advise and evaluate Running Tides operations. Weve been burning carbon from coal and oil into the atmosphere and oceans for decades. Tendencia The New York Times Marty Odlin, quien creci y vive en la costa de Maine (EE.UU. The ultimate goal is that it will stay there, sequestrated for millions of years, turning back into oil. 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. "So the kelp will sink to the ocean bottom in the sediment, and become, essentially, part of the ocean floor," Odlin says. Toyota is betting theyll stay in the mix for a while. Europe, Menlo Park, China), Where the person is located (e.g. Eight months ago, I joined a company that wanted to set up in Iceland to further research and develop its carbon removal solution. Wait list? 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 . Video transcript. All this anxiety, all this frustration that people have, its just because we havent been unleashed. Marty Odin is the CEO and founder of Running Tide. 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.. The whole time, I was thinking about how I could actually scale up a carbon removal idea, Odlin says. 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. 2018. . 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. "It just got really hard for me to go into crazy debt to buy a boat to catch fish that were swimming away," Odlin says. We grew up on these stories of heroism and sacrifice. CNN Sans & 2016 Cable News Network. Marty Odlin 2022-10-19 7 minute read Running Tide exists for my kids. Also, crucially, it floats, so added measures or mechanisms may be needed to ensure that most of it reaches the bottom of the ocean. Find events and things to do in November 2022 in Bradford, Arkansas. He said the company currently has 17 scientists, seven with PhDs, who have expertise in agronomy and ocean science. Running Tide founder Marty Odlin has a big idea about how to fight climate change: millions of seaweed farms. So founder Marty Odlin decided to build a business selling carbon credits around this fact. 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,. Kelp seeds are grown on compressed wood-and-limestone buoys and released in the open ocean where they ultimately sink into the depths, storing away the embodied carbon for centuries. Through photosynthesis, it also rapidly absorbs carbon dissolved in seawater. 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. The common framework for defining the problem of our changing climate as: Burning Fossil Fuels = > CO PPM increase in atmosphere = > Warmer Planet = > Bad, This atmosphere-centric problem statement is not wrong it is just incomplete. This is the Running Tide company profile. Marty studied robotics at Dartmouth, was a Director at Columbia's Center for Sustainable Engineering, managed a fleet of five fishing boats, and his family has been in the offshore fishing business for generations. Moving biomass from a short-term carbon cycle to long-term storage in the deep sea results in net negative CDR and best-in-class mass transfer ratios. They would also cast shadows that might distort the behavior of deep-sea zooplankton and fish known to migrate upwards around dusk to avoid getting eaten. In Portland, Maine, started Running Tide 2023 12:00 PM GMT ( +00:00 0... 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