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What’s Good for the Ocean May Also Be Good for Business – The New York Times

Source: What’s Good for the Ocean May Also Be Good for Business – The New York Times

Companies are trying to prove that conservation, sustainable fishing and carbon sequestration are profitable.

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Credit…James Yang

By Tatiana SchlossbergMarch 23, 2021Updated 9:36 a.m. ET

This article is part of our new series, Currents, which examines how rapid advances in technology are transforming our lives.

Marty Odlin, who grew up and lives on the Maine coast, remembers what the ocean used to be like. But now, he said, “It’s like a desert and just within my lifetime.” In the last few years, he said, he has seen lots of sea grass and many other species virtually disappear from the shoreline.

Mr. Odlin, 39, comes from a fishing family and has a passion for the history of the ocean and the coast, both of which have informed his sense of the ocean’s decline, a small part of the catastrophic deletion of marine life over the last several hundred years.

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. Using a combination of robotics, sensors and machine learning, he is building an aquaculture operation that is selling oysters now and eventually clams. He is also using that system to grow kelp, with the goal of producing enough of this seaweed to pull carbon dioxide from the atmosphere and permanently sequester it by burying it on the ocean floor, and sell carbon offsets.

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