Maximizing the world’s largest carbon sink and reducing ocean acidification.

 

Planetary Tech

Planetary Tech’s process adds alkalinity to the ocean to enhance the ocean’s natural ability to capture and store CO₂, which reduces ocean acidification, while creating green hydrogen as a byproduct. As its first purchaser, Shopify purchase is supporting critical R&D and helping fund Planetary Tech’s first pilot facility.

 

Running Tide

Running Tide grows kelp and sinks it to the bottom of the ocean where the CO₂ is stored for the long term. As its first customer, Shopify is raising awareness for Running Tide’s solution while supporting critical research, and Shopify has expanded its support by signing a letter of intent for future credits, which Running Tide will leverage in conversations with stakeholders.