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. -- CEO Marty Odlin to your collection. 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 Founder Marty Odlin, a Dartmouth graduate and engineer whose family includes generations of fishermen, is working with a team of engineers, software developers, oceanographers,. 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. In this episode of This Is CDR we are pleased to welcome Marty Odlin of Running Tide. Im such an optimist when it comes to the potential of the of the American spirit. CNN Sans & 2016 Cable News Network. But if youre going to do it, theres a whole bunch of stuff you havent thought about yet.. 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. And it could attract and repel different creatures, altering the chemistry and biodiversity of delicate deep-water ecosystems. Well, it is no secret carbon. 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. Put more simply, by utilizing the best of foundational science and first-principles systems engineering, we aim to use the natural power of the ocean to rebalance the carbon cycle, re-bury Godzilla, restore ocean health, and help solve the (complete) problem. A proprietary system remotely monitors the microforests, quantifying kelp growth, carbon content, and sinking locations. more time. Running Tide is pursuing a lucrative though loosely regulated market: selling so-called carbon offsets to corporations. Our macroalgae passes carbon removal targets for the first time. Adam Baske (left) and Capt. 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He says, too, that restoring marine ecosystems damaged by climate change and other effects of human activity is a core mission of Running Tide. 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. "And in this case, the no-action alternative is very grim.". About Marty: Marty Odlin is the Founder and CEO of Running Tide, a global ocean health company. At a large scale, though, Running Tide is mindful there could be unwanted consequences. 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. The business says its aquafarming operations, which include producing shellfish, can. And as went my dream, so go others in coastal communities. 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. All the stuff thats free and fun is getting ruined. 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.. 2022 Ocean Visions, Inc. All Rights Reserved. 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. "Ocean Visions involvement is critical to our mission at Running Tide" says Marty Odlin, Running Tide CEO and Founder. -- 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. The microalgae he saw from boats would naturally absorb carbon and eventually sink to the ocean floor, deep enough to remove the carbon from the atmosphere. 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. All this anxiety, all this frustration that people have, its just because we havent been unleashed. Fred Bever/Maine Public The business says its aquafarming operations, which include producing shellfish, can help rehabilitate marine habitats. 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. Running Tide slendingar tta sig ekki hrifum nskpunar sinnar. Marty Odlin, the CEO of Running Tide Technologies, explained the company's mission to WBUR, "Essentially what we have to do is run the oil industry in reverse," he says, "The kelp will . Marty Odlin, the boat captain's nephew and the CEO of Running Tide, explains the company's mission. The oceans dont necessarily suck up an equivalent amount from the air. Carbfix fangar kolefni og dlir v niur berglg. Deny? Portland, Maine Area. Marty Odlin. 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.. Our next guest has come up with a pretty creative way to capture some of those . 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. At Running Tide, we build technologies that allow us to harness the power of the ocean to build a climate positive future. 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. The company is also building floating oyster farms, which filter millions of gallons of seawater while growing a marketable source of protein and capturing carbon in the shells at the same time. 2017. "We have to compare them against the no-action alternative," he says. It's a big risk. 2018. The report, which evaluated six marine-based carbon removal approaches, said there was medium confidence in the efficacy of seaweed cultivation. Odlin spent his childhood on fishing boats in Maine, where he saw kelplots of italong the rocky Atlantic shoreline. Once the carbon is sunk deep enough it is effectively stored and removed from being able to harm the environment, Odlin says. It would be a huge perturbation to an ecosystem, he says. 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. draw down the large carbon debt weve already accumulated). 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 . Rob Odlin. Theres a long road ahead for commercial efforts: heres what comes next. 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. Towering banks of fans that can pull CO2 from the sky. Likewise, the parties to the London Protocol, which is supposed to eventually replace that treaty, passed an amendment restricting it. One startup in Maine has a vision that is drawing attention from scientists and venture capitalists alike: to bury massive amounts of seaweed at the bottom of the ocean, where it will lock away carbon for thousands of years. Though it has not been officially enacted, most nations have abided by the regulations to date. The Dartmouth-trained engineer comes from a fishing family and once wanted to be a fisherman. But. Oceanographers say that sinking significant amounts of wood could dramatically alter deep-water ecosystems. upcoming events, and more. Tendencia The New York Times Marty Odlin, quien creci y vive en la costa de Maine (EE.UU. We deploy North Americas largest distribution of macroalgae lines. "We're kind of in a cage-match with it right now," he says. ", Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. 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 release rope that's entwined with early-stage kelp, a fast growing seaweed that will soak up carbon dioxide. 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. Odlin said there was never a plan to sink wood on its own and replied no when asked if the company has proposed adding nutrients to the ocean. Time Running Tide scientists amplify the process by growing the seaweed on wood buoys layered with. What we learned in Iceland helped us reimagine our family business back home. But Running Tides macroalgae-sinking plans have generated the most attention. Well, theres only one Earth and even a 0.1% chance of disaster, why take that risk?. 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. 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. Odlin, whose family has been in the commercial fishing business for generations, founded the company in 2017. The Dartmouth-trained engineer did start an oyster farm. Discovery Company. And on Earth Day 2021, Tesla CEO Elon Musk announced his $100 million XPRIZE for carbon removal. 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. But he watched as the warming climate drove major shifts in fish populations, while regulators put a lid on how much could be taken from the sea. 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. 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. Were having trouble saving your preferences. "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. What Running Tide is doing . . 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. We should get mad and go kill that thing. The Potential Advantages Marty Odin is the CEO and founder of Running Tide. Heal the ocean. People were making money, Odlin wistfully told CNN. 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. "Essentially what we have to do is run the oil industry in reverse," he concluded. In more recent years, Ive returned to Iceland to work towards our shared mission, utilizing the countrys many unique and extraordinary strengths to promote ocean health, which include:, During our first year in Iceland, weve been met with open arms by coastal communities, partners across various industries, new Icelandic team members, the scientific community, and policymakers. 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. Philip Boyd, a professor of marine biogeochemistry at the University of Tasmania and lead author of an April perspective piece in Nature Ecology & Evolution that modeled the effects of Running Tides proposal, says that the field doesnt have anywhere near the scientific knowledge necessary for companies to move ahead with these concepts. 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 work with selected teams to identify their specific needs and build customized expert advisory teams to provide ongoing advice and support. Navajo lawyer shares perspective on the Indian Child Welfare Act. It mostly grows along coastlines, attaching itself to the rocky seafloor and taking up nutrients from the relatively cool, shallow waters. 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 Fred Bever/Maine Public We have no idea what happens when we scale this up.. Our in-depth reporting reveals whats going on now to prepare you for whats coming next. We build IoT sensors and advanced automation systems. "I'm not in this to give Godzilla a paper-cut.". Kelp is weirdly great at sucking carbon out of the sky, Whats good for the ocean may also be good for business, Maine startup aims to pull carbon out of the atmosphere by growing and then sinking kelp farms. 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. 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. Full Moon Retreat: with Dance Celebration! They consider their workers in every minute detail of their operations. 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. Marty Odlin, Running Tide CEO, discusses the startup's latest initiative to fight climate change. All Rights Reserved. customer-service@technologyreview.com with a list of newsletters youd like to receive. Our climate is changing in significant ways that are already having profound and detrimental impacts on the foundations of civilizations.. 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. 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. We fish for mackerel, we catch our fair share, and if they're feeling brave, we dive down and grab an oyster. 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. 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. 2023 Cable News Network. It's modeling whether, for instance, a multitude of free-floating micro-farms could entangle whales, hinder shipping, or foul beaches. Theres a speed of innovation here, he says. He said the company currently has 17 scientists, seven with PhDs, who have expertise in agronomy and ocean science. Founded by Marty Odlin, an engineer and 4th generation commercial fisherman, and proudly headquartered in Portland, Maine, Running Tide designs and builds techn Read More Headquarters PO Box 10304, Portland, Maine, 04104, United States Phone Number (207) 835-7010 Website www.runningtide.com Revenue <$5M Industry Business Services General Marty Odlin - CEO and Founder @ Running Tide - Crunchbase Person Profile Person Marty Odlin Overview Number of Founded Organizations 1 CB Rank (Person) 20,470 Primary Job Title CEO and Founder Primary Organization Running Tide Location South Portland, Maine, United States Regions East Coast, New England, Northeastern US Gender Male Much of the attention has focused on kelp, a large brown seaweed that can grow up to two feet a day. Little ones, suspended from biodegradable buoys floating free in the north. 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. -- CEO Marty Odlin with your friends. 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. hide caption. 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. Starting businesses, building boats, making nets. Fred Bever/Maine Public 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. Running Tide already has created first-of-its-kind data recorders that . Marty tells us about Running Tide's approach employing automated system. After graduation, Odlin, who majored in engineering modified with studio art, worked in China and then as assistant director at the Columbia University Center for Sustainable Engineering. 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. Environment, Odlin says scale, though, Running Tide scientists amplify the process by growing the seaweed wood... Comes to the rocky seafloor and taking up nutrients from the air this case, the no-action,! Carbon cycle to long-term storage in the commercial fishing business for generations, founded the in... 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