Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. Running Tide is founded and the team builds a system to revolutionize ocean growing. 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. If were able to unlock growth in the open ocean, which we think is feasible, it has the potential to scale up to be quite big, Odlin told MIT Technology Review last year. We conduct multiple research deployments into international waters. Running Tide Learn how we spent the fund's first $5 million on the most promising and innovative solutions fighting climate changeand the visionary entrepreneurs behind them. In 2018 he and his wife, Justine Simon 06, who live outside Portland, Maine, started 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. People were taking risks. The executives, they add, minimized the downsides by asserting that addressing the urgent challenges of climate change will outweigh any possible ecological harms. 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 . -- CEO Marty Odlin can be booked here. Instead of chasing monster mackerel on a boat named Running Tide, Odlin started a company called Running Tide to help solve the problem. The ocean is the single largest sink of anthropogenic carbon. When kelp washes up on beaches, gets gobbled up by invertebrates and bacteria, or otherwise breaks down before it reaches the deep ocean, much of the carbon in it can simply wind up back in the air, says Catriona Hurd, a professor at the University of Tasmania who focuses on seaweed ecology and an author of a March study that highlighted the challenges of seaweed carbon accounting. Running Tide Update: Whats New in 2023? 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 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. 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. "It's very simple, and the economies of scale associated with that make Running Tide's solution have huge potential. 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. The company has said its free-floating microfarms could be seeded with kelp sporophytes and mechanically rigged to sink after six to eight months, ideally to below 1,000 meters (nearly 3,300 feet). 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. While some inventors brought designs for massive chemical or mechanical machines, Odlin hopes to harness and supercharge the natural cycles and design features of the ocean he knows so well. 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. One thing matters: Delivering tonnage.. Find contact's direct phone number, email address, work history, and more. At its core, carbon removal is "a mass-transfer problem," Marty Odlin, Running Tide's CEO, told me. Though it has not been officially enacted, most nations have abided by the regulations to date. Marty Odlin, Running Tide CEO, discusses the startup's latest initiative to fight climate change. They all swam to Iceland.. In 2018 he and his wife, Justine Simon '06, who live outside Portland, Maine, started Running Tide. 2023 Cable News Network. Months later the mature plant blades will grow too heavy for their biodegradable buoys. Marty Odlin. But if youre going to do it, theres a whole bunch of stuff you havent thought about yet.. 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. Website. 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. 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. -- CEO Marty Odlin to your collection. Using his training as an engineer, Mr. Odlin has decided to try to reverse that decline with his company, Running Tide, which is based in Portland. Marty Odin is the CEO and founder of Running Tide. 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. 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. It would be a huge perturbation to an ecosystem, he says. She raises sporophytes, or early-stage kelp, on a pipe wrapped with biodegradable string; the string will be placed in the ocean. "Ocean Visions involvement is critical to our mission at Running Tide" says Marty Odlin, Running Tide CEO and Founder. Our footprint scales as we operate multiple shellfish farm sites. Marty Odelin, who co-owns Running Tide, agrees, and said this week that "oysters are crucial to healthy coastal ecosystems." He also argued that bringing oysters back to Casco Bay is. 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. Time 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.. The Potential Advantages 2018. Running Tide designs and deploys cutting-edge diagnostics and . Staff exits in recent months, according to LinkedIn, include Margaux Filippi, the director of ocean science; Raj Saha, senior data scientist; Olivia Alcabes, data research scientist; Jean Bertrand Contina, agronomy lead for macroalgae production; and Maxwell Calloway, senior kelp biologist. It also promised to find ways to remove all the CO2 its operations have put in the air since it was founded. Kill Godzilla. "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. We are losing our way of life, our livelihoods, and our sense of community and continuity. OpenAir is a grassroots volunteer collective dedicated to advancing carbon removal technologies through collaborative policy advocacy and research and development projects. 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. Little ones, suspended from biodegradable buoys floating free in the north. Just over a year later, Running Tide and its fisherman/CEO is among the finalists. I had a dream of a jigging boat, catching mackerel and groundfish and selling perfect filets. 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. Odlin spent his childhood on fishing boats in Maine, where he saw kelplots of italong the rocky Atlantic shoreline. As a global community, we have many steps (and a few giant leaps) to go. 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. 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. As kelp piles up on the seafloor, it could choke off dense communities of species that live within ocean sediments. ", Marty Odlin, CEO of Running Tide Technologies, in its workshop on Portland's waterfront. 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. But after seeing global warming's effects on the Gulf of Maine fisheries he decided to try and reverse the damage. What's LinkedIn for? 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." . Odlin said the company is probably building the most complete and robust quantification engine for monitoring, reporting, and verification of ocean-based carbon dioxide removal, adding: And were going to look to partners, to third parties, to validate that., Odlin said that Running Tide continually reviews new research in the field, internally and with its scientific advisors, to determine if any of it changes the mainstream understanding of where the science is at with these earth systems, he says. Wed, Jan 25, 2023 12:00 PM GMT (+00:00) Large rafts of free-floating kelp could introduce invasive species and microbes. Check out Running Tide: https://www.runningtide.comFOLLOW Marty: https://twitter.com/martyodlinFOLLOW Jason: https://linktr.ee/calacanisListen here.Apple: . Well, it is no secret carbon. Its stealing our fish. Theres a long road ahead for commercial efforts: heres what comes next. Theres a speed of innovation here, he says. 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. Running Tide scientists amplify the process by growing the seaweed on wood buoys layered with. All their eggs are external, and those booms come when the chemistry of the ocean is just right for that species, he said. 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. The climate risks were so high. Odlin, whose family has been in the commercial fishing business for generations, founded the company in 2017. Its devastating our crops. The ocean is the single largest sink of anthropogenic carbon. But Running Tide seems to be capturing attention and investment because of its low-tech elegance. Odlin and his team harvest kelp that they grow on buoys, then sink these carbon-rich biomasses deep in the sea. We have got 40,000 cities covered worldwide, Discover Online Events - Attend from anywhere , Running Tide Update: What's New in 2023? 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. 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 kelp will soak up carbon gigatons of it via photosynthesis. Guest author Marty Odlin, Running Tide CEO, is a third generation fisherman and engineer by training. 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, human beings have moved more than 1.5 trillion tons of carbon, The ocean is the single largest sink of anthropogenic carbon. Well, its time now, Odlin said. And for us, Iceland was that place. He realized early the uncertainty of wild-captured fisheries. A Maine fishermen, from a family of Maine fishermen, is among the finalists for a $100 million prize for fighting climate change from Elon Musk. 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. ), recuerda cmo sola ser el ocano. Kelp continually sheds its blades and fronds as it grows. 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. "Collaborations between academia and our team will expedite our goal of removing carbon dioxide on the gigaton scale in the coming years." PORTLAND, Maine (PRWEB) February 09, 2021 Deny? At Running Tide, we build technologies that allow us to harness the power of the ocean to build a climate positive future. Music historian takes charge of NYPL Research Libraries. We work with selected teams to identify their specific needs and build customized expert advisory teams to provide ongoing advice and support. Oceans represent two-thirds of the Earths surface and are the main theater of war for climate change, even more than forests. 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. 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. But the mackerel swam north and hasnt come back. 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. New ways to recover the crucial metals in batteries could make EVs more affordable. A host of startups are pursuing a variety of novel ways to produce or sell the credits, backed by venture capital investments and hefty fees for each ton of carbon putatively sucked up and stored away. This year's goal is more modest: an on-the-water experiment, floating about 1600 single-buoy "micro-farms" to gather data and prove the concept. Glassdoor gives you an inside look at what it's like to work at Running Tide, including salaries, reviews, office photos, and more. That said, scaling up Running Tide's operation depends on what the data says from their ongoing experiments. Adam Baske (left) and Capt. What we learned in Iceland helped us reimagine our family business back home. Try refreshing this page and updating them one Starting businesses, building boats, making nets. 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 Technologies, Inc. builds technologies to sustainably scale the natural processes of the ocean. Not all of them are going to work out. The transfer of carbon from fast to slow is the most important mass-moving challenge of the 21st century. more time. Rob Odlin of Running Tide Technologies in the Gulf of Maine. 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. 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. 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 . Pero ahora, dijo, es como un desierto. The Ocean Visions Launchpadsupports selected $100M XPRIZE Carbon Removal competitors using ocean-based technologies to develop and validate their technology and business models and improve their chances of success. Marty Odlin, CEO and founder of Running Tide, spoke briefly at the meeting. Rafts of free-floating kelp could introduce invasive species and microbes third generation fisherman and engineer by.. Heavy for their biodegradable buoys CO2 its operations have put in the air since was... 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