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. All content is posted anonymously by employees working at Running Tide. Marty studied robotics at Dartmouth, managed a fleet of five fishing boats, and his family has been in the offshore fishing business for generations. They consider their workers in every minute detail of their operations. 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 . Subscribe to our e-newsletter to get the latest news and opportunities from Ocean Visions. The Dartmouth-trained engineer comes from a fishing family and once wanted to be a fisherman. At its core, carbon removal is "a mass-transfer problem," Marty Odlin, Running Tide's CEO, told me. This is the Running Tide company profile. Odlin spent his childhood on fishing boats in Maine, where he saw kelplots of italong the rocky Atlantic shoreline. Were having trouble saving your preferences. 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. Share Running Tide Update: What's New in 2023? Running Tide designs and deploys cutting-edge diagnostics and . See jobs Follow View all 102 employees About us Rebalancing the natural carbon cycle and deacidifying the ocean. Marty Odlin's Phone Number and Email. Discover parties, concerts, meets,shows, sports, club, reunion, Performance happening in November 2022 in Bradford, Arkansas. (Photo courtesy Running Tide). 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. The authors recommended a $125 million research program to better understand overarching challenges for ocean-based CO2 removal approaches, including the potential economic and social impacts. They estimated that $235 million will be needed to fund research priorities for seaweed cultivation over a five-year period. AKIKO FUJITA: Welcome back to Yahoo Finance Live. Also, crucially, it floats, so added measures or mechanisms may be needed to ensure that most of it reaches the bottom of the ocean. Save Running Tide Update: What's New in 2023? Were doing this because were terrified by what were seeing, he says. Running Tide's Marty Odlin says 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 others that show real-world promise. Running Tide Technologies, Inc. builds technologies to sustainably scale the natural processes of the ocean. The Dartmouth-trained engineer comes from a fishing family and once wanted to be a fisherman. Running Tide CEO Marty Odlin the boat captain's nephew comes from a long line of Maine fishermen, and once imagined he would continue the tradition. 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. 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. -- CEO Marty Odlin can be booked here. He says, too, that restoring marine ecosystems damaged by climate change and other effects of human activity is a core mission of Running Tide. 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 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 open our shellfish hatchery in North America. I dont think the data shows a remarkable turnover rate, I really dont, Odlin adds. 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. Music historian takes charge of NYPL Research Libraries. In other words, it could harm global systems that already regulate the climate and provide crucial sources of income and food. We launched Shopify's Sustainability Fund to address a hard truth: there's too much carbon in the air. 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. "So the kelp will sink to the ocean bottom in the sediment, and become, essentially, part of the ocean floor," Odlin says. Ocean Visions, a nonprofit organization, works to develop innovative and durable solutions to the complex challenges facing our ocean. 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. 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. A proprietary system remotely monitors the microforests, quantifying kelp growth, carbon content, and sinking locations. The government and industry work towards profit and ocean health as one goal. Deny? Running Tide Update: Whats New in 2023? Video transcript. Jack is first name and Mandanka is last name. Together theyre trying to hook a kind of monster carbon dioxide. 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. 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. Europe, Menlo Park, China), Where the person is located (e.g. 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. Using his training as an engineer, Odlin has decided to try to reverse that decline with his company, Running Tide, which is based in Portland. 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. But thats just part of this. Plug-in hybrids wont get the world to zero emissions, but they can help cut climate impacts somewhat. Running Tide and other companies hope to dramatically scale up this process by cultivating kelp or other types of algae on floats in the deep ocean. We conduct multiple research deployments into international waters. Find contact's direct phone number, email address, work history, and more. Time And for us, Iceland was that place. 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. 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. Seaweed is a ravenous consumer of carbon dioxide, and scientists have been eyeing it as one potential solution to the climate crisis. Running Tide reverses the cycle by sinking terrestrial biomass, growing kelp in the open ocean, and farming shellfish. A behind-the-scenes look at how admissions officers make their decisions, Advertising | 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. That said, scaling up Running Tide's operation depends on what the data says from their ongoing experiments. But executive director Brad Ack says all that will be weighed in the context of the urgency of combating climate change. The company hasnt disclosed its fundraising, but a PitchBook report notes it had raised more than $15 million as of this spring from Lowercarbon Capital, Venrock, Incite Ventures, and other investors. The hope is that growing and sinking more kelp or other sorts of seaweed will sequester additional tons of carbon dioxide that can balance out ongoing company emissions or otherwise help the world draw down some part of the billions of tons that may need to be removed to keep global temperatures in check in the coming decades. Thats equivalent to more than 60% of the global coast, and it would occupy an area nearly the size of Ireland. . 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. 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. He envisions an armada heading hundreds of miles offshore each fall, to deploy millions of free-floating cellulose buoys, each tethered to a kelp-bearing rope. We are continuing to invest significant time and resources into agronomy, and still firmly believe that macroalgae can play an important role in durably removing carbon at climatically relevant scales, he wrote. Rob Odlin of Running Tide Technologies in the Gulf of Maine. What does it mean to be a trustee? The oceans dont necessarily suck up an equivalent amount from the air. Expert advisors assembled by Ocean Visions will support the development of an environmental impact assessment, provide expertise related to ocean circulation data, and offer insight into the regulatory landscape for ocean-based carbon dioxide removal research occurring in international waters. The Potential Advantages Ocean circulation models suggest much of the carbon in biomass that descends into certain parts of the deep ocean could remain there for decades to centuries. 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. Well, it is no secret carbon emissions caused by human activity are accelerating climate change. Navajo lawyer shares perspective on the Indian Child Welfare Act. "We're just fishing for carbon now, and kelp's the net," he says. Well, its time now, Odlin said. 2019. Much of the attention has focused on kelp, a large brown seaweed that can grow up to two feet a day. But a growing number of researchers and critics fear that some of the science is getting lost amid the carbon removal gold rush. But. We have got 40,000 cities covered worldwide, Discover Online Events - Attend from anywhere , Running Tide Update: What's New in 2023? He said the company currently has 17 scientists, seven with PhDs, who have expertise in agronomy and ocean science. 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.. Read More. Save Running Tide Update: What's New in 2023? 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. 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. Sources describe a company thats driven by the need to begin earning carbon credits by sinking biomass of some kind into the ocean. 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. What's LinkedIn for? Marty Odlin, Running Tide CEO, discusses the startup's latest initiative to fight climate change. . 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. Discover special offers, top stories, 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 . Just constant activity., To my son, born during the climate crisis: Get mad and get ready. As kelp piles up on the seafloor, it could choke off dense communities of species that live within ocean sediments. And I was like, What am I going to do about that? And you either give up or you get kind of mad, you know?. We work with selected teams to identify their specific needs and build customized expert advisory teams to provide ongoing advice and support. Running Tide may employ a number of engineers with PhDs and patents, but their tentpole technologies are oysters, limestone and seaweed. New ways to recover the crucial metals in batteries could make EVs more affordable. Using a combination of robotics, sensors. Running Tide's founder and CEO, Marty Odlin, comes from a long line of Maine groundfishermen. The business says its aquafarming operations, which include producing shellfish, can help rehabilitate marine habitats. E.g. "Essentially what we have to do is run the oil industry in reverse," he concluded. Follow: @martyodlin Kill Godzilla. Odlin and his team harvest kelp that they grow on buoys, then sink these carbon-rich biomasses deep in the sea. It's a big risk. If you continue to get this message, Right?. Running Tide Profile and History . 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,. Our CEO, Marty Odlin, conceptualizes the first microforest. All this anxiety, all this frustration that people have, its just because we havent been unleashed. 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. But when it came time to take out a boat loan, I just couldnt make the math work, Marty said. Writer pens personal essay about growing up Blackand taming his hair. Its hurting our farmers. Subscribed to personalized events updates! Tickets for Running Tide Update: What's New in 2023? Its my informed view that its not going to be a thing.. Website. 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. - Climeworks factory is in ICELAND containers similar to those used in maritime transport are stacked up in pairs, 10 metres (33 feet) high. This startup grows kelp then sinks it to pull carbon from the air, Whats good for the ocean may also be good for business. Discovery Company. We are losing our way of life, our livelihoods, and our sense of community and continuity. 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. Odlin, whose family has been in the commercial fishing business for generations, founded the company in 2017. They release rope that's entwined with early-stage kelp, a fast growing seaweed that will soak up carbon dioxide. The fossil fuels industry is a highly efficient, multi-trillion global carbon market that moves carbon from slow to fast. Thats because the seaweed competes for nutrients with other carbon-sucking species like phytoplankton, among other complex biogeochemical feedback effects. 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. 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. "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. Fred Bever/Maine Public 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. 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.. 2017. 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. Wed, Jan 25, 2023 12:00 PM GMT (+00:00) Running Tide's Marty Odlin says 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 . 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. 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. And on Earth Day 2021, Tesla CEO Elon Musk announced his $100 million XPRIZE for carbon removal. But Running Tides macroalgae-sinking plans have generated the most attention. Nnar um Running Tide: draw down the large carbon debt weve already accumulated). A giant kelp forest along the coast of Isla de los Estados, an island near Tierra del Fuego. Grace is an . . Last Update. 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 Instead of chasing monster mackerel on a boat named Running Tide, Odlin started a company called Running Tide to help solve the problem. more time. Microsoft last year committed a billion dollars to kick-start research and development in the emerging field of carbon-removal tech. Pumps injecting plant-based biofuels into the earth. Fans in front of the collector draw in ambient air and release it, largely purified of CO2, through ventilators at the back. Instead of chasing monster mackerel on a boat named Running Tide, Odlin started a company called Running Tide to help solve the problem. Moreover, the oceans biological carbon pump is the Earths most powerful carbon removal technology, naturally moving >2 billion tons of carbon from the fast to the slow cycle every year. Its a Godzilla, Odlin said. 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. This week we are pleased to welcome Running Tide CEO Marty Odlin back to This Is CDR to tell us what's new at the company since he was last with us in November 2021, and what we can expect to see from Running Tide in 2023 and beyond. CNN Sans & 2016 Cable News Network. Neither carbon drawdown nor storage require any anthropogenic energy input. 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. 2018. Theres a long road ahead for commercial efforts: heres what comes next. 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. "We're kind of in a cage-match with it right now," he says. At Running Tide, our bet is on the ocean. decrease the carbon cycle deficit). 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. 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. 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,. 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. They embrace automation, data rich management, and operate in sophisticated and dynamic balance with their fisheries stocks, shifting focus through the seasons and through the ups and downs of natural resource management. 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. 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