But after seeing global warming's effects on the Gulf of Maine fisheries he decided to try and reverse the damage. -- CEO Marty Odlin with your friends. Discover special offers, top stories, . "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. Pumps injecting plant-based biofuels into the earth. 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. 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. Large rafts of free-floating kelp could introduce invasive species and microbes. Some varieties can grow half a meter in a day. "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. Running Tide Marty Odlin, CEO and founder of Running Tide, spoke briefly at the meeting. And as went my dream, so go others in coastal communities. Starting businesses, building boats, making nets. Little ones, suspended from biodegradable buoys floating free in the north. The ultimate goal is that it will stay there, sequestrated for millions of years, turning back into oil. 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 . 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. 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. Marty Odin is the CEO and founder of Running Tide. The company is part of a new wave of big-thinking about removing carbon from the atmosphere at a planetary-scale. And I think that its pretty clear that thats just due to how drastically weve altered the chemistry of the ocean. Kelp continually sheds its blades and fronds as it grows. Rob Odlin of Running Tide Technologies in the Gulf of Maine. 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. Chicago Cubs player is lauded for local volunteer work. As a global community, we have many steps (and a few giant leaps) to go. 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, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. "Ocean Visions involvement is critical to our mission at Running Tide" says Marty Odlin, Running Tide CEO and Founder. The government and industry work towards profit and ocean health as one goal. Killing Godzilla will require that we rebalance the carbon cycle. Using a combination of robotics, sensors and. 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. Our climate is changing in significant ways that are already having profound and detrimental impacts on the foundations of civilizations.. 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. Running Tides novel approach integrates land and sea photosynthesis, stacking two natural carbon capture pathways. Contact. Subscribed to personalized events updates! Make Sunsets is already attempting to earn revenue for geoengineering, a move likely to provoke widespread criticism. The ocean is the single largest sink of anthropogenic carbon. Kill Godzilla. What are we waiting for? 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. 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. A proprietary system remotely monitors the microforests, quantifying kelp growth, carbon content, and sinking locations. She raises sporophytes, or early-stage kelp, on a pipe wrapped with biodegradable string; the string will be placed in the ocean. "It's like a desert and just within my lifetime," Odlin told The New York Times of changes to the ocean. 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.. m . Website. Go-to place to discover events for more than 20M people globally. 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. Ocean Visions also announced the formation of an independent scientific advisory board for the company on June 8. Toyota is betting theyll stay in the mix for a while. 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. "Essentially what we have to do is run the oil industry in reverse," he concluded. Find events and things to do in November 2022 in Bradford, Arkansas. At Running Tide, our bet is on the ocean. 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. Follow: @martyodlin Kill Godzilla. Published To learn more about our ocean based carbon removal process and details, check out our whitepaper. Its burning forests down. First on CNN: DOE announces multibillion-dollar project to kickstart a carbon dioxide removal industry in US. 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. Adam Baske (left) and Capt. Privacy Policy | Were not saying dont do it. Kelp, although it is technically not a plant but an algae, is one of the fastest growing organisms. - Climeworks factory is in ICELAND containers similar to those used in maritime transport are stacked up in pairs, 10 metres (33 feet) high. Northeastern US Early Stage Companies With More Than 10 Employees, New England Companies With Fewer Than 100 Employees (Top 10K), New England Companies With Fewer Than 1000 Employees (Top 10K), New England Information Technology Companies, Number of Organizations that the person founded, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. Adam Baske (left) and Capt. Portland, Maine Area. 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. Theres no one thing that we can do that will solve the problem, Mankin says. It mostly grows along coastlines, attaching itself to the rocky seafloor and taking up nutrients from the relatively cool, shallow waters. 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. Theres a speed of innovation here, he says. 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. Running Tide is founded and the team builds a system to revolutionize ocean growing. Running Tide, a company headquartered in Portland, Maine,. Theres a long road ahead for commercial efforts: heres what comes next. PORTLAND, Maine CNN Marty Odlin just wanted to go fishing. They release rope that's entwined with early-stage kelp, a fast growing seaweed that will soak up carbon dioxide. 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. Not all of them are going to work out. Its stealing our fish. 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 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. 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. 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 Dartmouth-trained engineer comes from a fishing family and once wanted to be a fisherman. "We have to compare them against the no-action alternative," he says. Odlin and his team harvest kelp that they grow on buoys, then sink these carbon-rich biomasses deep in the sea. We must also reverse the flow of carbon and move 10 gigatons of carbon from the fast cycle back to slow every year (i.e. 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. 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