Eimskip

U.S.-based startup with plans to store carbon in deep oceans skips Canada for Iceland

U.S.-based startup with plans to store carbon in deep oceans skips Canada for Iceland

A U.S. company hoping to revitalize fisheries while pulling carbon dioxide out of the air and water wanted to develop its technology in Canada, but gave up after getting a reception from Canadian authorities as chilly as the North Atlantic. Instead, Running Tide is operating in Iceland, deploying a fleet of sensors in the ocean this year in collaboration with Icelandic shipping company Eimskip.