The article discusses the marine carbon removal industry, which aims to remove CO2 from the atmosphere by releasing alkaline solutions into the ocean. The article focuses on Running Tide, a company that was one of the first to pioneer this technology. However, it also highlights several issues with the industry, including:
1. Lack of regulation: The voluntary carbon market has no rules, which means that companies can sell credits without being held accountable for their claims.
2. Inadequate verification: Many companies, including Running Tide, have been criticized for lacking third-party verification and measurement reporting (MRV) to ensure the accuracy of their credits.
3. Limited understanding of ocean ecosystems: The article notes that the industry is still in its early stages and that there is limited understanding of how marine carbon removal will affect ocean ecosystems.
The article also highlights some positive developments in the industry, including:
1. Increased investment: The industry has seen significant investments over the past two years, with total sales exceeding $250 million.
2. Growing demand: Companies like Microsoft are increasingly interested in purchasing credits from this sector, indicating growing demand for marine carbon removal solutions.
The article concludes by noting that while the industry has made progress, there are still many challenges to overcome before it can have a significant impact on reducing CO2 emissions.
Some quotes from the article:
* "We're just making a prettier carbon-offset market... It's lipstick on a pig." - Hróbjartsson, former general manager of Running Tide
* "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." - Egilsdóttir, consultant for the Icelandic government
* "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
1. Lack of regulation: The voluntary carbon market has no rules, which means that companies can sell credits without being held accountable for their claims.
2. Inadequate verification: Many companies, including Running Tide, have been criticized for lacking third-party verification and measurement reporting (MRV) to ensure the accuracy of their credits.
3. Limited understanding of ocean ecosystems: The article notes that the industry is still in its early stages and that there is limited understanding of how marine carbon removal will affect ocean ecosystems.
The article also highlights some positive developments in the industry, including:
1. Increased investment: The industry has seen significant investments over the past two years, with total sales exceeding $250 million.
2. Growing demand: Companies like Microsoft are increasingly interested in purchasing credits from this sector, indicating growing demand for marine carbon removal solutions.
The article concludes by noting that while the industry has made progress, there are still many challenges to overcome before it can have a significant impact on reducing CO2 emissions.
Some quotes from the article:
* "We're just making a prettier carbon-offset market... It's lipstick on a pig." - Hróbjartsson, former general manager of Running Tide
* "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." - Egilsdóttir, consultant for the Icelandic government
* "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
. I mean, on one hand, it's awesome that companies like Microsoft are investing big bucks into this tech and the industry is growing like crazy 
. But at the same time, I'm really concerned about those loopholes in the system - it feels like these companies can just buy their way out of accountability 
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. We're still learning so much about marine ecosystems and it's crazy to think that we're just messing around with stuff we don't fully comprehend. It feels like we're playing a game of ocean Roulette 
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What if Running Tide is just making up all this stuff to sell more credits? I'd want some third-party proof before I start handing over my cash.
but at the same time, stacy kauk said something about not screwing up the ocean ecosystem and i'm like yaaas girl 
and we need to find ways to reduce CO2 emissions. maybe this marine carbon removal thing is a step in the right direction? 
don't we need to know what we're doing before we start messing with the oceans? 
let me just go read more about it... i'm totally lost 
. And what really takes the cake is that companies are making bank off this while still not fully understanding how their tech affects the ocean ecosystem... like a big ol' gamble with the planet 
. I think it's a total stretch to say that running tide tech is just "making a prettier carbon-offset market"... it's actually kinda legit! 
And I don't buy the whole "lipstick on a pig" thing - these companies are trying to make a real difference here. Plus, I'm more worried about the unintended consequences of messing with ocean ecosystems than the fact that there isn't strict regulation yet 
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. That's a big responsibility 
. But, on one hand, I'm really worried about the lack of regulation in this industry 
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. If we can make marine carbon removal more accessible and affordable, that could be a game-changer. And it's cool to see companies like Microsoft taking notice and wanting to get on board 
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like Egilsdóttir said "we can't afford to screw this up" because the ocean ecosystem is already so delicate... let's take a step back and make sure we're doing this right before we start messing with the ocean 
! I was just reading about Running Tide and their marine carbon removal tech. Honestly, it's kinda mind-blowing how far the industry has come in just a couple years... but also super concerning that there's no regulation in place yet? I mean, can you imagine buying credits from some company without knowing if they're legit or not?