The startup made a huge splash, then ran aground this summer time. Its story has a lot to show us about making an attempt to geoengineer our approach out of local weather change.
For the “OK, Bye” local weather convention in Reykjavík, Iceland, in May 2023, individuals flew in from Silicon Valley, London, Copenhagen, and Berlin. The occasion’s theme was the ocean, so the stage, embellished to appear to be a ship, was slung with crates, ropes, and purple buoys, and the backdrop an immense fishing web.
For his panel on how non-public enterprises can fund large-scale carbon removing, Marty Odlin, CEO and founding father of Running Tide, wore an orange cap and oatmeal sweater. This led moderator Mark Phillips, McKinsey’s chief advertising and marketing officer for sustainability, to joke that Odlin — a fourth-generation Maine industrial fisherman — was the one panelist who hadn’t had to make use of a temper board to decorate in a nautical theme, as individuals had been requested to do. The viewers of enterprise capitalists, entrepreneurs, and policymakers leaned ahead as Odlin defined his firm’s plan to take away carbon dioxide from the environment and sequester it within the ocean by rising and sinking kelp.
“Running Tide’s resolution is to make little buoys like this,” mentioned Odlin, holding up a patty the scale of a hockey puck. “We [spray] kelp spores on them and drop them within the ocean, they usually float round after which sink to the underside of the ocean. Pretty easy, proper? You make a cookie — tens of millions of them — set them free, they develop a little backyard on them, they usually sink.” The concept was for all of the carbon saved in that freshly grown kelp to sink, too, and stay on the seafloor for tons of of years.
Founded in 2017 as an aquaculture firm, Running Tide rose to prominence in September 2020, when tech big Shopify introduced that it might be one in all 5 recipients of a $5 million whole fund for carbon-removal initiatives. The startup went on to boost tens of millions of {dollars} from Silicon Valley funders, with carbon-removal purchases made by Stripe, the Chan Zuckerberg Initiative, and Microsoft.
Onstage at OK, Bye, Odlin made an thrilling announcement: “Right now, in actual time, now we have a deployment going out within the North Atlantic,” he mentioned, reaching into his backpack to disclose a small bundle of electronics — a sensor, he defined, that was a part of a suite of monitoring tools, together with digicam buoys, “so you possibly can truly watch issues develop.”
But Odlin omitted an essential element — Running Tide was sinking wooden chips coated with lime-kiln mud, not kelp-laced buoys. In truth, final summer time, Running Tide dumped 15 cargo a great deal of wooden chips off the coast of Iceland, to satisfy its contracts with Shopify after which Microsoft.
By April of this yr, Running Tide was inviting guests to its web site to buy carbon-removal credit, promising to take away “carbon right now via ocean alkalinity enhancement and biomass sinking.” The narrative pivot away from kelp particularly (biomass sinking) to a completely completely different idea (ocean alkalinity enhancement) was one signal amongst many who issues weren’t going as deliberate — that Running Tide’s venture had turned out to not be easy at all.
In June — only a yr after the OK, Bye convention — Running Tide introduced that it was folding. In a LinkedIn put up on June 14, Odlin wrote, “Unfortunately, right now we’re starting the method of shutting down Running Tide’s world operations as a result of we’re unable to safe the proper of financing to proceed our work with the urgency it requires.”
Startups fail on a regular basis, however Running Tide’s demise made waves on this planet of carbon dioxide removing. At its peak of 140 workers, the corporate was one of many largest carbon-removal startups working within the ocean — if not the most important — and the primary to promote ocean carbon credit.
An enormous a part of Running Tide’s enchantment was its promise to maneuver rapidly to satisfy world local weather objectives. The U.N.‘s extremely influential 2018 International Panel on Climate Change (IPCC) report on the impacts of 1.5 levels Celsius or extra of world warming acknowledged that decreasing greenhouse fuel emissions is not going to be sufficient to keep up steady world temperatures. To stop the worst results of local weather change, the world should by some means additionally take away a long time’ price of emissions from the environment — and quick. While some nations have dedicated to large-scale carbon removing via initiatives such because the U.S. Department of Energy’s Carbon Negative Shot, authorities funding has lagged behind non-public capital, which has been important in jump-starting the subject.
But Running Tide’s story additionally factors to the inherent dangers of embarking on such a complicated process with few if any checks in place, and little transparency about targets and analysis strategies. By the time of the June announcement, we’d been following Running Tide for practically two years, and regardless of quite a few interviews and web site visits, we struggled to make sense of the corporate’s continually shifting plan for eradicating carbon from the environment.
There’s little doubt that the world wants to maneuver quickly to deal with local weather change, however investing tens of millions of {dollars} in untested, unvetted strategies wastes not solely assets but in addition time, when there’s none to spare. It additionally entrusts the ocean’s intricate, delicate ecosystems to a handful of personal traders extra acquainted with microchips than microorganisms. Should we actually attempt to hack the ocean to save lots of the earth?
The first public indication that Running Tide had hit some snags got here in June 2022. The MIT Technology Review revealed a scathing article by James Temple, whose sources reported that the corporate’s scientists have been leaving in droves.
Running Tide had proposed rising kelp far out within the ocean partly as a result of coastal land tends to be costly, and the open ocean afforded the house to work on the scale essential to have an effect on world local weather. But the startup needed to handle a huge problem: No species of nonbuoyant kelp develop within the open ocean.
Temple interviewed marine geochemist Philip Boyd, who defined that ocean waters far offshore lack the required vitamins for kelp farming. (Later, Boyd and a staff modeled these nutrient deficiencies, concluding that rising kelp removed from the coast was probably unimaginable because of this.) Temple additionally reported that Running Tide had filed a patent for a flotation system whose function gave the impression to be so as to add vitamins to the ocean to stimulate macroalgae development. That would possibly assist the kelp develop — however it additionally amounted to a type of ocean fertilization, a apply banned by a 2008 decision of the London Convention to guard the marine atmosphere.
Even if the startup did get kelp to develop within the deep ocean, nature’s complexities may stop the system from eradicating a lot carbon — or any carbon in any respect. Temple described a research on pure kelp development that discovered suggestions programs involving phytoplankton and microorganisms “discounted” the carbon a floating kelp backyard would possibly take away by 20–100 p.c.
In the face of those setbacks, Running Tide was considering a pivot, Temple reported: The firm was planning to sink wooden chips as a “quicker” path to eradicating carbon. For his half, Odlin instructed Temple that there was “by no means a plan” to sink wooden by itself, and that Running Tide was persevering with to “commit appreciable time and assets” to rising kelp, with climate-driven haste and ecological care.
The unhealthy publicity of the MIT Technology Review article didn’t appear to scare off traders — by the spring of 2023, enterprise was booming. That April, Running Tide and Microsoft introduced they’d signed a contract committing the startup to eradicating 12,000 tons of carbon to assist offset the tech big’s emissions. Running Tide had opened workplaces and labs in St. Louis; Portland and New Brunswick, Maine; and three websites in Iceland — all of them financed by investor capital, together with $20 million in Series B funding from Lowercarbon Capital, a agency launched by Chris Sacca, a ground-floor investor in Twitter, Uber, and Instagram.
That May, we visited the startup’s headquarters in Portland, Maine, which was housed within the repurposed Odlin household boat-repair store on the harbor and within the newly constructed Ocean Hub close by. Nate Beatty, VP of scientific expertise, and Andrew Thompson, senior mechanical engineer, confirmed us round.
In Ocean Hub’s foyer, a giant flatscreen confirmed a digital map the place a cluster of inexperienced dots blinked between Greenland and Iceland. This “dashboard,” Beatty defined, was delivering real-time location information from 25 “trajectory buoys” that Running Tide had simply launched. Thompson, a former worker of SpaceX, confirmed us wiry sensor buoys his staff had designed.
Another room held large custom-built wave tanks during which straw-colored patties sloshed in gently undulating water. These, Beatty instructed us, have been unseeded buoys being optimized for kelp development. They wanted a sure porosity and density for the kelp to spore after which mature earlier than sinking. They additionally needed to be sturdy sufficient to resist North Atlantic Ocean situations that have been, Thompson mentioned, tougher than these in outer house.
Out again, in two trailers, macroalgae floated below develop lights in pet-store-sized aquariums. Was this nutrient-poor water, like that within the deep ocean? Could this macroalgae develop on the buoys? Thompson couldn’t inform us — the macroalgae experiments have been being directed by Rishi Masalia, who was main the agronomy genetics staff in one other laboratory, in St. Louis.
It turned out that Running Tide’s lead scientists have been all working remotely: The lead ocean ecologist, Alison Tune, was primarily based in Austin and the lead oceanographer, Anna Savage, in San Francisco. As we carried out our interviews, it turned clear that this staff, which had tasked itself with overcoming profound interdisciplinary engineering and analysis challenges, was organized much less like a science lab and extra like a Silicon Valley startup — free, fluid, advert hoc, and continually rising. It was tough to know who was setting the startup’s analysis targets, which gave the impression to be ever-shifting.
The following month, we traveled to Akranes, Iceland, to go to Running Tide’s lab, which was housed in a former fish-processing plant with ample house to develop. There, we noticed sparse inexperienced ribbons of kelp wafting in cylindrical tubes taller than we have been and tanks of kelp rising beneath infrared lights. The scientists we spoke with described their efforts to get kelp to spore on schedule, however they couldn’t inform us when the kelp could be able to exit on buoys.
“We could be in a great spot if we have been doing [kelp] efficiently by 2025,” Jordan Breighner, Running Tide’s strategic and communications lead, instructed us later that summer time. “The problem with biology is you could’t rush it.”
In October 2023, Breighner excitedly confirmed us photographs of rope furred with inexperienced fuzz: The staff had launched a few lengths seeded with macroalgae, and a number of other of them had grown at sea.
But the questions that Temple’s reporting raised about Running Tide’s or anybody’s skill to develop macroalgae at scale out within the deep ocean — poor in vitamins and light-weight, with its wild waves and sophisticated ecology — remained unresolved.
What does a startup do when it may well’t get its signature product to work? In its ultimate years, Running Tide walked an ungainly scientific line, with Odlin publicly pitching kelp at the same time as the corporate was quietly doing one thing else. When Running Tide introduced the cope with Microsoft in April 2023, the phrase kelp was absent from the press launch. At a analysis discuss that June, Chief Technology Officer Max Chalfin requested viewers members acquainted with Running Tide to strategy the startup with a “clean slate.”
Later that summer time, when the startup serviced contracts for the “first ever large-scale marine carbon removing within the open ocean,” it did so, as a press launch with funder Shopify introduced, with “buoys carrying limestone and biomass.” Biomass is a capacious time period that encompasses each dwelling and dead factor on earth. In this context, biomass referred to not kelp however to wooden chips — or, as Breighner described them to us, “micro-buoys.”
For Running Tide, dumping wooden chips made out of dead timber was a better and quicker technique to fulfill its contracts than the extraordinarily sophisticated bioengineering venture of rising kelp within the open ocean. The concept of storing carbon by sinking wooden wasn’t new — researchers had been investigating the strategy for at the very least a decade.
Ning Zeng, a three-time contributor to IPCC stories and an skilled in “biomass burial and sinking,” holds that burying complete logs from fallen timber in close by trenches or ponds can successfully sequester carbon. The methodology, he says, “advantages from its simplicity,” locking away carbon whereas minimizing vitality used for transporting and processing.
But Running Tide was trucking and transport wooden over nice distances, releasing carbon dioxide alongside the best way. Breighner instructed us that within the first deployment about half of the carbon within the wooden the corporate sunk had been “spent” in operations prices, though he added that the corporate later turned extra environment friendly.
The shipments have been additionally costly: This previous May, two weeks earlier than the corporate shuttered, Breighner instructed us that deployments wouldn’t be taking place once more this summer time, citing their excessive value (ship rental alone had value the corporate $20,000 to $50,000 a day) and lack of buyer curiosity.
Despite the deployments’ restricted run, the corporate referred to as them a success, saying it had “eliminated extra carbon than some other group on the planet,” at simply over 25,000 tons. “We did the factor,” Odlin wrote in his final LinkedIn put up on the corporate. “We eliminated carbon, and we elevated the world’s understanding of the ocean.”
In Running Tide’s ultimate months of operation, its web site claimed that the corporate was eradicating carbon from the environment in two distinct methods: via “biomass sinking” and “ocean alkalinity enhancement.” Gone have been the pictures of kelp, changed by aerial photographs of a lush forest and bubbles rising via darkish waters.
Early on, Running Tide’s researchers had realized that the wooden chips they deliberate to sink into the ocean would leach acid as they decomposed. To mitigate this ecological hazard, they determined to coat the chips with an alkaline layer of lime-kiln mud, which earlier than lengthy they have been describing as one other methodology of carbon removing that the corporate was pursuing.
Ocean alkalinity enhancement, or OAE, has been gaining traction within the carbon-removal subject, with a number of startups devoted to engaged on it. In nature, alkaline minerals erode from mountains and wash into the ocean the place, below the fitting circumstances, they bond to carbon dioxide in water, which modifications them into steady bicarbonates. This response can each deacidify ocean water (it’s typically likened to “giving the ocean a Tums”) and make it comparatively poor in carbon dioxide in comparison with the environment. Researchers thus theorize that by including alkaline supplies in bulk, ocean water would possibly be capable of draw down extra carbon dioxide from the environment.
But there’s a catch: It takes time for the environment and the ocean water to equilibrate and switch carbon dioxide molecules via a course of referred to as “air-sea fuel alternate.”
For that motive, researchers who research OAE have proposed experimenting with processes comparatively simpler to hint than dumping alkaline chemical substances en masse into the center of the ocean, resembling including alkalinity to an present drain pipe that feeds right into a bay. They additionally name for creating predictive ocean fashions primarily based on observations of how ocean waters rise, sink, combine, and mingle. This approach, researchers will be strategic about the place so as to add alkaline chemical substances: ideally, in elements of the ocean the place currents maintain floor waters in touch with the environment.
Running Tide would have wanted to do wildly sophisticated science to ascertain that it had eliminated carbon from the environment utilizing OAE. That’s why, in summer time 2023, the startup didn’t cost clients for the carbon which will have been eliminated with this methodology. (Breighner referred to as it an “add on” and “a bonus.”)
Still, Running Tide did declare on its web site and elsewhere to be doing OAE, with Breighner telling us that the summer time 2023 deployments had been the “largest alkalinity subject trials on this planet.” What did these subject trials educate Running Tide, or anybody else?
At the lab in Portland, we had seen an early experiment during which a technician measured pH to evaluate the impact of the limestone coating on wooden chips decomposing in flasks of ocean water. In May of this yr, Breighner shared with us a report primarily based on these experiments, which the corporate relied on to conclude that its deployments the earlier summer time had not leached acid into the open ocean and, additional, had added sufficient alkalinity to attract down carbon from the environment. But to make these claims primarily based on subject trials, Running Tide would have needed to measure the baseline values of pH and CO2 within the shifting, open waters of the North Atlantic and run fashions that didn’t but exist.
Running Tide additionally didn’t run experiments to find out what the ecological impacts of its 2023 deployments could be within the deep sea both earlier than or on the time it carried out them. It was solely in September 2023 that the corporate introduced a partnership with Ocean Networks Canada, to watch the buoys decomposing on the deep sea flooring.
When the corporate folded, Brad Ack, CEO of Ocean Visions, a conservation analysis group that oversaw Running Tide’s science advisory board, co-wrote a rebuttal to critics and investigative journalists who had charged that the corporate engaged in sloppy science, taking exception to what he referred to as “a swirl of hypothesis, inaccurate statements, and sweeping conclusions” about why Running Tide closed. Central to his protection was that Running Tide’s analysis strategies had been sound. “In all our work with Running Tide, their staff confirmed a excessive dedication to doing the wanted science,” Ack wrote. “It is solely not correct to counsel they didn’t make good religion efforts to do the wanted science to assist their actions.”
But there was an ocean of distance between what customary scientific analysis calls for — a narrowed goal pursued via honed lab experiments which might be progressively scaled as much as giant subject trials — and what Running Tide’s enterprise mannequin referred to as for: that’s, to promote a beta, minimal viable product instantly to new clients and display worth to new traders.
On the day we toured the Portland lab in May 2023, we had lunch with Odlin. He struck us as a man in a hurry. We met him in Running Tide’s ethereal picket workplaces on the harbor. He led us down two flights of stairs at a run, then out to the road, the place he delivered a karate kick to activate the pedestrian gentle.
Over tacos, Odlin instructed us about how he’d began Running Tide, a story properly documented in numerous media profiles: Driven by a want to save lots of his beloved Gulf of Maine, he’d dreamt up a carbon-removal methodology to which he may apply his experience with ships and logistics — one that will be huge, quick, and scalable. “What would success for Running Tide appear to be?” we requested him. The ocean because it had been in his childhood, he answered, restored for his youngsters.
But Odlin wasn’t proposing to make the ocean what it was earlier than, however one thing altogether completely different. For Running Tide, the sheer amount of fabric — whether or not kelp or wooden chips — that it might want so as to add into the oceans to take away 1 gigaton of carbon, the brink that traders like Bill Gates and Elon Musk are fascinated with funding, is staggering. Per our back-of-the-envelope calculations, it might require sinking wooden chips floor from a number of billion mature timber a yr. Now think about doing this sufficient to take away 5 to 10 gigatons of CO2 equal from the environment every year, the quantity recommended by the IPCC’s 2018 1.5 Celsius report. To obtain this, Running Tide, or some other startup making an attempt to hack pure processes for carbon removing, would wish to change complete ecosystems, which quantities to geoengineering.
At OK, Bye, Ocean Vision’s Ack gave a discuss during which he likened the ocean — acidic, microplastic-laden, warming-damaged — to a affected person dying on the working desk. The night time earlier than that, Running Tide’s Icelandic web site manager Kiddi Hróbjartsson had spoken at an ocean cooperative occasion, saying, roughly, who cares about dumping a few wooden chips within the ocean, when ships actually dump shit there? It drew rueful laughs. It’s really easy to see the ocean as past restore.
But for Craig Smith, a professor emeritus on the University of Hawai‘i at Mānoa who focuses on seafloor ecosystems, the ocean’s benthic flooring isn’t ruined or a desert however “an enormous reservoir of biodiversity and evolutionary novelty,” one whose very remoteness has protected it from human exercise. According to Smith, “The depth of 1,600 meters” — how deep the ocean was on the web site the place Running Tide’s summer time deployment passed off — “is often inside a candy spot for biodiversity,” the place there are “deep sea ecosystems lively that ranges from microbes to megafauna.” He warned that sunken wooden can rapidly change into colonized by boring bivalves, which may result in natural enrichment and oxygen depletion within the sediment, creating native faunal dead zones that may final for years.
It’s scary to suppose that if one thing goes flawed on this calmly regulated house invisible to us, we might by no means comprehend it, not to mention be capable of appropriate it. Projects like Running Tide proposing to engineer pure ecosystems to take away carbon — whether or not it’s by rising algae ponds on 480,000 sq. kilometers of pristine desert shoreline or masking seashores with olivine rock — require particular scrutiny. Unlike a direct-air-capture machine, you possibly can’t flip off these experiments with the flick of a swap.
But Odlin believes that options to local weather change that don’t have interaction pure programs is not going to be ample. “They’re simply not going to be huge,” he mentioned once we reached him one final time, in early September. “We can’t construct them quick sufficient.”
He spoke of the unimaginable harms already carried out to ocean programs, together with nearly 70 p.c die-off of phytoplankton within the Gulf of Maine. “If the ecosystem is your information, there isn’t any justification for not doing large scale OAE or iron fertilization,” ideas that he instructed us have been catching on. “Geoengineers have received the conflict of concepts,” he mentioned.
But who ought to get to resolve whether or not or when to geoengineer the ocean? Considering the potential penalties, what the world wants, at this stage, is trusted science accompanied by peer assessment and largely carried out in authorities or publicly funded labs. That could be a sluggish course of in distinction to the push of typical startup tradition, however it might yield papers that might be learn, reviewed, and shared publicly to tell collective decision-making about if, when, and the way to reengineer the oceans to save lots of ourselves.
“I feel carbon removing is a software for the longer term,” David Ho, a local weather scientist and cofounder of the nonprofit C-Worthy, instructed us. “Now is the time we determine what works and what doesn’t work. It’s nearly an obligation to future generations to provide them instruments to take away the CO₂ that we’re leaving them and allow them to resolve whether or not to deploy these instruments or not — it’s not for right now.”
Before hanging up, Odlin instructed us he had been in a position to purchase again what remained of the corporate from traders and would proceed working with 4 workers in Portland. He wasn’t certain of the precise methodology they’d pursue, however knew what the corporate would do: “carry the mission ahead.”