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 Stories About: business AND carbon offsets AND climate AND climate change mitigation AND geoengineering AND news AND oceans
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Climos Def
New company wants to seed ocean with iron to sequester carbon |
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05 Mar 2008 |
News |
| Posted at 12:24 PM on 05 Mar 2008 Weeks after ocean-seeding company Planktos bit the iron dust, a startup called Climos is plowing ahead with a similar business plan: seed the ocean with iron dust to stimulate the growth of CO2-gobbling plankton, then sell offsets for the sequestered carbon. Climos has announced $3.5 million in venture capital and is backed by reputable investors: Tesla Chair (née Pay-Pal cofounder) Elon Mu ... |
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| Topics: business, carbon offsets, carbon sequestration, climate, climate change mitigation, geoengineering, news, oceans (all these topics) |
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Strike While the Iron Is ... Whoops, Too Late
Plan to combat warming by seeding ocean with iron runs out of funds |
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14 Feb 2008 |
News |
| Posted at 3:26 PM on 14 Feb 2008 Planktos, the company that proposed fending off global warming by seeding the ocean with iron dust, has failed to get enough funding to go forward with planned tests. Under the Planktos business plan, iron fertilization would encourage phytoplankton blooms, which would suck up extra CO2, allowing the company to sell carbon offsets. But it was not to ... |
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| Topics: business, carbon offsets, climate, climate change mitigation, geoengineering, news, oceans (all these topics) |
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