On a recent day in the Gulf of Maine, boat captain Rob Odlin says the task itself isn't much different from any other in his seafaring career, whether chasing tuna or harvesting lobster. Moreover, the ocean's biological carbon pump is the Earth's most powerful carbon removal technology, naturally moving >2 billion tons of carbon from the fast to the slow cycle every year. 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.. Through photosynthesis, it also rapidly absorbs carbon dissolved in seawater. It mostly grows along coastlines, attaching itself to the rocky seafloor and taking up nutrients from the relatively cool, shallow waters. -- CEO Marty Odlin can be booked here. Natural Gas Companies Have Their Own Plans To Go Low-Carbon, As Cities Grapple With Climate Change, Gas Utilities Fight To Stay In Business, A Looming Disaster: New Data Reveal Where Flood Damage Is An Existential Threat. We are losing our way of life, our livelihoods, and our sense of community and continuity. A proprietary system remotely monitors the microforests, quantifying kelp growth, carbon content, and sinking locations. Also check out other Virtual Events in Online. 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. We start growing macroalgae on vertical lines. 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 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. The report, which evaluated six marine-based carbon removal approaches, said there was medium confidence in the efficacy of seaweed cultivation. Follow: @martyodlin Kill Godzilla. Theres no one thing that we can do that will solve the problem, Mankin says. Video Transcript AKIKO FUJITA: Welcome back to Yahoo Finance Live. Even as he went off to study robotics at Dartmouth College and earth systems at Columbia University, he still dreamed of his own mackerel rig and even had a name picked out Running Tide. New ways to recover the crucial metals in batteries could make EVs more affordable. 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.. Marty Odlin. Our macroalgae passes carbon removal targets for the first time. But Running Tides macroalgae-sinking plans have generated the most attention. Rob Odlin of Running Tide Technologies in the Gulf of Maine. 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. At Running Tide, we build technologies that allow us to harness the power of the ocean to build a climate positive future. That said, scaling up Running Tide's operation depends on what the data says from their ongoing experiments. 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. 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. Running Tide designs and deploys cutting-edge diagnostics and . "It's very simple, and the economies of scale associated with that make Running Tide's solution have huge potential. 5.0 . 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.. Just constant activity., To my son, born during the climate crisis: Get mad and get ready. He says, too, that restoring marine ecosystems damaged by climate change and other effects of human activity is a core mission of Running Tide. 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. Discovery Company. Your effort and contribution in providing this feedback is much Running Tide started as an oyster aquaculture company and has developed the process for carbon sequestration which CEO Marty Odlin started to think about in 2010. Attend, Share & Influence! Ocean Visions also announced the formation of an independent scientific advisory board for the company on June 8. 7 Lebanon Street, Suite 107 | Hanover, NH 03755 | 2023 Dartmouth Alumni Magazine, I think the ocean is our greatest weapon against climate change, Odlin says. . Also, crucially, it floats, so added measures or mechanisms may be needed to ensure that most of it reaches the bottom of the ocean. Some outside experts think the early results described by sources may be indicative of larger challenges. 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. Website. 2022 Ocean Visions, Inc. All Rights Reserved. Did you encounter any technical issues? 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. Make Sunsets is already attempting to earn revenue for geoengineering, a move likely to provoke widespread criticism. 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 . hide caption. Oceanographers say that sinking significant amounts of wood could dramatically alter deep-water ecosystems. Now they have billionaire investors and a team of engineers, biologists, agronomists, fabricators, software developers, data specialists and boat captains. What Running Tide is doing . Running Tide is founded and the team builds a system to revolutionize ocean growing. Video transcript. 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. Its a Godzilla, Odlin said. Just over a year later, Running Tide and its fisherman/CEO is among the finalists. Years ago, when my familys own fishery business was struggling, we realized we had to look outside our local community to find new best practices to meet the changing demands of the market. Our next guest has come up with a pretty creative way to capture some of those . But if youre going to do it, theres a whole bunch of stuff you havent thought about yet.. To learn more about our ocean based carbon removal process and details, check out our whitepaper. A paper he coauthored last year in Nature Communications, using the massive sargassum seaweed bloom in the Atlantic in recent years as a model, concluded that seaweed farming in the ocean could even become a source of increased carbon dioxide. It would be a huge perturbation to an ecosystem, he says. The oceans naturally occurring mechanistic transfer of biomass to the deep sea achieves long-term sequestration. 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. Theres a speed of innovation here, he says. Boyd says it really wouldnt surprise me that the company has run into issues getting kelp to grow in the open ocean. Time A Warner Bros. As the climate crisis intensified, he returned to Maine to help his familys commercial fishing business. Save Running Tide Update: What's New in 2023? The transfer of carbon from fast to slow is the most important mass-moving challenge of the 21st century. I had the opportunity to visit the country with my Dad and witness firsthand their world leadership in fishery innovation, resilience, and management of natural resources. But some observers fear that a Silicon Valley mentality is taking hold in the carbon removal field, as climate concerns and financial rewards drive startups to rapidly test, tweak, pivot, and scale. Marty Odlin re-joins This Is CDR to update us on what's new with Running Tide, and what we can expect to see from the company in 2023. Running Tide is pursuing a lucrative though loosely regulated market: selling so-called carbon offsets to corporations. The company is part of a new wave of big-thinking about removing carbon from the atmosphere at a planetary-scale. I think its actually remarkably low.. 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. All Rights Reserved. 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. 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 . 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. Ocean Visions, a nonprofit organization, works to develop innovative and durable solutions to the complex challenges facing our ocean. Wed, Jan 25, 2023 12:00 PM GMT (+00:00) Fans in front of the collector draw in ambient air and release it, largely purified of CO2, through ventilators at the back. upcoming events, and more. Find events and things to do in November 2022 in Bradford, Arkansas. Olivia Mercier runs the kelp hatchery at Portland's Running Tide Technologies. En los ltimos aos . 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.. Were having trouble saving your preferences. -- CEO Marty Odlin, Online Course - Empowering People for the Metaverse. Using a combination of robotics, sensors and. Europe, Menlo Park, China), Where the person is located (e.g. We have no idea what happens when we scale this up.. 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. 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 by Halldor KOLBEINS / AFP) (Photo by HALLDOR KOLBEINS/AFP via Getty Images). 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. Neither kelp nor shellfish farming compete for land or coastal space and the unavoidable by-products of both are the restoration of marine habitats and large-scale carbon removal. Running Tide already has created first-of-its-kind data recorders that . This is hard work. 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. "Once the carbon is sunk deep enough it is effectively stored and removed from being able to harm the environment," Odlin says. The mission of Ocean Visions is to develop innovative and durable solutions to complex challenges facing our ocean. We operate the largest capacity macroalgae hatchery in North America. I had a dream of a jigging boat, catching mackerel and groundfish and selling perfect filets. Full Moon Retreat: with Dance Celebration! Rob Odlin of Running Tide Technologies in the Gulf of Maine. 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." . Kelp, although it is technically not a plant but an algae, is one of the fastest growing organisms. Marty Odlin, the boat captain's nephew and the CEO of Running Tide, explains the company's mission. People were making money, Odlin wistfully told CNN. 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. Not all of them are going to work out. In the race to stall or even reverse global warming, new efforts are in the works to pull carbon dioxide out of the air and put it somewhere safe. . CNN Sans & 2016 Cable News Network. The UN enacted a moratorium on ocean fertilization for commercial purposes more than a decade ago. Microsoft last year committed a billion dollars to kick-start research and development in the emerging field of carbon-removal tech. Its burning forests down. 37 Thousand gigatons of CO 2 stored in deep ocean reservoirs MARTY ODLIN CEO & FOUNDER Marty studied robotics at Dartmouth, managed a fleet of five fishing boats, and his family has been in the offshore fishing business for generations. Our shellfish . 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. 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. We build IoT sensors and advanced automation systems. But a growing number of researchers and critics fear that some of the science is getting lost amid the carbon removal gold rush. The business says its aquafarming operations, which include producing shellfish, can help rehabilitate marine habitats. reach out to us at We work with selected teams to identify their specific needs and build customized expert advisory teams to provide ongoing advice and support. Author discusses his debut short story collection. Portland, Maine Area. Further, he rejected the claim that the company isnt taking ecological concerns seriously enough, and he disputed the idea that it had struggled in its initial field efforts and lost a notable number of researchers. 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. Overfishing wiped out the abundance of cod in the 1980s and 90s, until catch limits were eventually reduced by 95%. Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. Toyota is betting theyll stay in the mix for a while. Put simply: You can bury biomass or you can turn fast carbon into rocks.. They found stark differences in the ecosystem when they went back in a three-person submarine over months and years that followed. Running Tides remote imaging system showed that the juvenile sugar kelp seeded on lines did grow in the ocean, Odlin said in an email, adding that to the companys knowledge, this had not been achieved before. Iceland, too, had built its economy on the foundation of fisheries and Icelanders shared both our passion for the ocean and alarm about the impacts of warming and acidification. A proprietary system remotely monitors the microforests, quantifying kelp growth, carbon content, and sinking locations. "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. What's LinkedIn for? Fred Bever/Maine Public Running Tide Profile and History . Portland, Maine 4,478 followers The global ocean health company. Marty Odin is the CEO and founder of Running Tide. 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. Well, its time now, Odlin said. 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