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Portland, Maine 4,478 followers The global ocean health company. Marty Odlin just wanted to go fishing. The Potential Advantages 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.. Adam Baske (left) and Capt. 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. Chicago Cubs player is lauded for local volunteer work. Much of the attention has focused on kelp, a large brown seaweed that can grow up to two feet a day. 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. Right?. Opportunistic species that consume biomatter and can tolerate sulfides then crowded in, including hooded shrimp and bristle worms. 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. 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. Odlin and his team harvest kelp that they grow on buoys, then sink these carbon-rich biomasses deep in the sea. Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. Our shellfish . 2019. 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. A proprietary system remotely monitors the microforests, quantifying kelp growth, carbon content, and sinking locations. With the shape of a small robot, a buoys solar panels would power a cloud-connected camera and instruments to monitor kelp growth and water chemistry, a data feed vital for future carbon markets. Video transcript. Running Tides novel approach integrates land and sea photosynthesis, stacking two natural carbon capture pathways. 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. "Collaborations between academia and our team will expedite our goal of removing carbon dioxide on the gigaton scale in the coming years." PRWeb Press Release. They either didnt respond to inquiries or declined to comment for this piece. 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. 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. But after seeing global warming's effects on the Gulf of Maine fisheries he decided to try and reverse the damage. Sources describe a company thats driven by the need to begin earning carbon credits by sinking biomass of some kind into the ocean. Odlin spent his childhood on fishing boats in Maine, where he saw kelplots of italong the rocky Atlantic shoreline. "They're not relying on expensive equipment, or energy-intensive processes," she says. Marty Odlin is the Founder and CEO of Running Tide, a leading global decarbonization and carbon removal platform. Running Tide is founded and the team builds a system to revolutionize ocean growing. 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. Marty Odlin's Phone Number and Email. But if youre going to do it, theres a whole bunch of stuff you havent thought about yet.. Running Tide slendingar tta sig ekki hrifum nskpunar sinnar. 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. Running Tides patent filing describes one method in which a rope line could be co-winded, coiled, and/or intertwined with iron or an iron-containing thread, filament, or string to provide a source of iron (Fe) nutrient to the target product.. Our first macroalgae and shellfish are produced in Casco Bay, Maine. 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. Wood-boring bivalves quickly set to work on the sunken material, followed by aerobic and then anaerobic bacteria that deplete oxygen and produce sulfide, respectively. Our in-depth reporting reveals whats going on now to prepare you for whats coming next. To rebalance the global carbon cycle, we must build the fossil fuels industry in reverse a highly efficient, global carbon industry that moves carbon from fast to slow. Leader of the Strategy & Corporate Finance Practice in the United Kingdom; helps public- and private-sector clients set sustainable strategies and modernize organizations By Mark Patel Advises clients across sectors on sustainability with a focus on climate technologies; leads client work across industrial, high-tech, and semiconductor sectors Though it has not been officially enacted, most nations have abided by the regulations to date. 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. Were having trouble saving your preferences. 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. 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. Kill Godzilla. How to do that affordably, reliably, safely and on massive scales remains a scientific question and a business challenge. -- CEO Marty Odlin, Online Course - Empowering People for the Metaverse. This is a critical . San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, Number of news articles that reference the Person. Carbon gets moved, on geologic time scales, into the deep earth, where it is rendered chemically inert and no longer warms the atmosphere. Subscribe to our e-newsletter to get the latest news and opportunities from Ocean Visions. 0 Rating. Odlin thought if he could make the natural carbon reduction processes more efficient, he could achieve carbon removal on a large scale. 2018. It would be a huge perturbation to an ecosystem, he says. He says, too, that restoring marine ecosystems damaged by climate change and other effects of human activity is a core mission of Running Tide. As the climate crisis intensified, he returned to Maine to help his familys commercial fishing business. Towering banks of fans that can pull CO2 from the sky. "Ocean Visions involvement is critical to our mission at Running Tide" says Marty Odlin, Running Tide CEO and Founder. First on CNN: DOE announces multibillion-dollar project to kickstart a carbon dioxide removal industry in US. 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. Attend, Share & Influence! The oceans dont necessarily suck up an equivalent amount from the air. In a patent filing last year, the company described a floating apparatus that could be seeded with gametophytes or spores of macroalgae and enhanced with a nutrient payload that could release iron oxide into the water. That may amount to a form of ocean fertilization, a concept that sparked public criticism and prompted the creation of international regulations a decade ago. Toyota is betting theyll stay in the mix for a while. 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. At Running Tide, our bet is on the ocean. 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. We just have to be unleashed.. But some scientists fear the ecological risks on large scales. 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. 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. 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. The business says its aquafarming operations, which include producing shellfish, can. 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. . (Photo courtesy Running Tide). 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. Odlin and his team harvest kelp that they grow on buoys, then sink these carbon-rich biomasses deep in the sea. 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. Well, its time now, Odlin said. They consider their workers in every minute detail of their operations. We work with selected teams to identify their specific needs and build customized expert advisory teams to provide ongoing advice and support. Running Tide already has created first-of-its-kind data recorders that . Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. Time He noted that the research group Ocean Visions had previously established an expert team to advise and evaluate Running Tides operations. Odlin, whose family has been in the commercial fishing business for generations, founded the company in 2017. 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.. Marty tells us about Running Tide's approach employing automated system. 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. 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. 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. Using a combination of robotics, sensors. Heal the ocean. 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. The transfer of carbon from fast to slow is the most important mass-moving challenge of the 21st century. At a large scale, though, Running Tide is mindful there could be unwanted consequences. We operate the largest capacity macroalgae hatchery in North America. Just over a year later, Running Tide and its fisherman/CEO is among the finalists. Discover parties, concerts, meets,shows, sports, club, reunion, Performance happening in November 2022 in Bradford, Arkansas. They release rope that's entwined with early-stage kelp, a fast growing seaweed that will soak up carbon dioxide. 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. Marty Odlin, Running Tide CEO, discusses the startup's latest initiative to fight climate change. 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. Also check out other Virtual Events in Online. Instead of chasing monster mackerel on a boat named Running Tide, Odlin started a company called Running Tide to help solve the problem. 2017. 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. . Website. Thats because the seaweed competes for nutrients with other carbon-sucking species like phytoplankton, among other complex biogeochemical feedback effects. That said, scaling up Running Tide's operation depends on what the data says from their ongoing experiments. If such material were sunk on very large scales over years, significant stretches of the deep sea could become oxygen-depleted, microbe-dominated zones where little else could live, Smith says. 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. All their eggs are external, and those booms come when the chemistry of the ocean is just right for that species, he said. I had a dream of a jigging boat, catching mackerel and groundfish and selling perfect filets. We launched Shopify's Sustainability Fund to address a hard truth: there's too much carbon in the air. Our next guest has come up with a pretty creative way to capture some of those . Share Running Tide Update: What's New in 2023? And on Earth Day 2021, Tesla CEO Elon Musk announced his $100 million XPRIZE for carbon removal. It's a big risk. Jyri Engestrm's Post Jyri Engestrm Investor and Partner at Yes VC 3d While Running Tide is targeting around a billion tons of carbon dioxide a year, the National Academies report noted that just removing 100 million tons annually could require the equivalent of a roughly 325-foot-wide belt of seaweed farms along more than 450,000 miles of shoreline. 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. 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. People were taking risks. 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