The article discusses the marine carbon removal industry, which aims to remove carbon dioxide from the atmosphere by using ocean-based methods. The article focuses on Running Tide, a company that was one of the early investors in this industry. However, an investigation by WIRED found that Running Tide's claims about its impact on the ocean were exaggerated and that the company had not met the standards for independent verification and measurement (MRV) set by Microsoft.
The article highlights several issues with the marine carbon removal industry, including:
* Lack of regulation: The industry is unregulated, which means that companies can make claims without being held accountable.
* Inconsistent pricing: It is difficult to determine the price per ton of carbon removed, making it challenging to compare companies and assess their impact.
* No third-party verification: Many companies in the industry do not have independent verification, making it unclear whether their methods are effective.
* Potential harm to ecosystems: Some experts believe that large-scale marine carbon removal could harm ecosystems, particularly deep-sea sediments.
The article also mentions several other companies involved in the marine carbon removal industry, including Ebb Carbon and Gigablue. These companies have received significant funding and have made headlines for their innovative approaches to removing carbon from the atmosphere.
Overall, the article suggests that while the marine carbon removal industry shows promise, it is still in its early stages and needs more research and regulation to ensure that it is effective and sustainable.
Some quotes from the article include:
* "We're just making a prettier carbon-offset market." - HrΓ³bjartsson, Running Tide's former general manager
* "Any marine carbon removal, if it's going to work on a global scale, we're going to have to make a decision to completely alter some ecosystems." - EgilsdΓ³ttir
* "The deep sea and the surface ocean are intimately connected. We really can't afford to screw this up." - Stacy Kauk, chief science officer at Isometric
The article highlights several issues with the marine carbon removal industry, including:
* Lack of regulation: The industry is unregulated, which means that companies can make claims without being held accountable.
* Inconsistent pricing: It is difficult to determine the price per ton of carbon removed, making it challenging to compare companies and assess their impact.
* No third-party verification: Many companies in the industry do not have independent verification, making it unclear whether their methods are effective.
* Potential harm to ecosystems: Some experts believe that large-scale marine carbon removal could harm ecosystems, particularly deep-sea sediments.
The article also mentions several other companies involved in the marine carbon removal industry, including Ebb Carbon and Gigablue. These companies have received significant funding and have made headlines for their innovative approaches to removing carbon from the atmosphere.
Overall, the article suggests that while the marine carbon removal industry shows promise, it is still in its early stages and needs more research and regulation to ensure that it is effective and sustainable.
Some quotes from the article include:
* "We're just making a prettier carbon-offset market." - HrΓ³bjartsson, Running Tide's former general manager
* "Any marine carbon removal, if it's going to work on a global scale, we're going to have to make a decision to completely alter some ecosystems." - EgilsdΓ³ttir
* "The deep sea and the surface ocean are intimately connected. We really can't afford to screw this up." - Stacy Kauk, chief science officer at Isometric