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The company that topped our list of the top 10 most controversial ways to save the planet, “ocean seeding” company Planktos, says it has now suspended its project to fertilize our oceans with iron. The company has put up a note on its web site stating […]

The company that topped our list of the top 10 most controversial ways to save the planet, “ocean seeding” company Planktos, says it has now suspended its project to fertilize our oceans with iron. The company has put up a note on its web site stating that it has indefinitely postponed its efforts, citing trouble raising enough money to fund the project.

Who does the company blame for its financial woes? Ah yes, those dastardly “anti-offset crusaders” who waged a “highly effective disinformation campaign” against it. Seriously. Not the fact that their project was extremely controversial and could possibly do a lot more harm than good.

A highly effective disinformation campaign waged by anti-offset crusaders has provoked widespread opposition to plankton restoration in the environmental world, and has caused the company to encounter serious difficulty in raising the capital needed to fund its planned series of ocean research trials.

Planktos’ plan was to dump iron into the ocean, with the idea that plankton eat CO2, iron grows more plankton, and therefore, dumping iron means less CO2. The company would then sell carbon credits from the reduced carbon. Environmentalists have been up in arms over the project, saying there could be unintended consequences.

So ecofolks can be happy that Planktos’ trusty sea vessel, “The WeatherBird,” has been called back to shore. What’s does the future have in store for the company? Planktos says its options include a possible re-launch of its project — once it gets funding in place — or working on other environmental projects.

  1. [...] Comments Posted February 22nd, 2008 at 9:25 am in Startups Just last week ocean-seeding company Planktos was found dead in the water, a victim of what it claimed was a band of “anti-offset crusaders” with a “highly [...]

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  2. [...] had raised its first funds, just a week after another controversial ocean seeding company Planktos had drowned under “anti-offset crusaders”. Well, on Tuesday Climos named its investors, which are none other than cleantech entrepreneur and [...]

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  3. Green energy is definitely the best solution in most cases. Technology like solar energy, wind power, fuel cells, zaps electric vehicles, EV hybrids, etc have come so far recently. Green energy even costs way less than oil and gas in many cases.

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    1. yup u got that right!!!<3

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    2. well i dont know wat u said but o.k….

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  4. [...] government scientists in the past, and another startup, Planktos, which had similar aims as Climos, actually went dead in the water, because it was unable to raise any [...]

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  5. [...] blooms and reduce carbon emissions. Come on, you remember — its dreams went dead in the water back in February due to what it called a wave of “anti-offset crusaders” that waged a “highly effective [...]

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  6. [...] August 21st, 2008 at 4:21 pm in Startups The ongoing saga of Planktos, which claimed to have had its ocean-seeding plans dashed by environmental groups, took another turn this week. Yesterday, publicly-traded Planktos Corp., which is separate from the [...]

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