In addition to this excellent RC article, there is another good review of this issue by Chisholm, Falkowski and Cullen (Sci 2001) available in pdf form: Dis -
Crediting Ocean Fertilization, Sci 2001.
Not exact matches
With Leinen as its chief scientific officer, Climos sought to perform
ocean iron
fertilization experiments and sell carbon
credits it could show it earned.
In that project, US entrepreneur Russ George convinced a Haida Nation village to pursue iron
fertilization to boost salmon populations, with the potential to sell carbon
credits based on the amount of CO2 that would be sequestered in the
ocean.
«While I am happy to see profit - driven startups drive innovation, I think tying
ocean fertilization to carbon
credits was a sterling example of how not to govern climate engineering, and I am therefore concerned to see a closely linked organization at the center of a meeting on governance.
In that project, US entrepreneur Russ George convinced a Haida Nation village to pursue iron
fertilization to boost salmon populations, with the potential to sell carbon
credits based on the amount of CO2 that would be sequestered in the
ocean.
However, according to Professor Rosemary Rayfuse, an expert in International Law and the Law of the Sea at the University of New South Wales, Australia, who also attended the Woods Hole meeting,
ocean fertilization projects are not currently approved under any carbon
credit regulatory scheme and the sale of offsets or
credits from
ocean fertilization on the unregulated voluntary markets is basically nothing short of fraudulent.