Marine Geoengineering Industry
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Will O'Brien believes that marine geoengineering represents a significant opportunity similar to how space exploration has created massive companies. He sees the ocean as "the new space" with potential for billion-dollar companies to emerge in this sector, particularly around environmental stewardship and resource extraction.
Key Points:
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Environmental Stewardship Philosophy:
- His environmental beliefs stem from Christian notions of stewardship - "we should look after our lands and our seas because it's our duty"
- Climate action is evolving from simply "avoiding worst case scenarios" to actively stewarding the planet
- "We take control, we get involved" rather than just reducing harm
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Active Environmental Management:
- Envisions controlling environmental factors: "Augustus a rainmaker can make it rain when we want it to rain"
- Believes we can intentionally restore ecosystems: "Aziz can come in and bring back the seagrasses"
- Sees potential for targeted carbon drawdown and increasing fish stocks
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Economic Balance:
- These tools are needed "in tandem with growing the size of the economic pie"
- "We don't want to just shut down the economy" or stop emissions altogether
- Compensatory mechanisms allow continued economic growth while managing environmental impact
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Marine Geoengineering Opportunities:
- Cites example of iron fertilization: "Give me a tanker of iron filings and I will give you an ice age"
- Adding iron to ocean can stimulate algae growth, which draws down carbon and increases fish populations
- Describes a controversial experiment that resulted in "the biggest take of salmon ever" but led to legal troubles
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Key Requirements for Success:
- Better science and technology development
- Proper governance frameworks since "the ocean is like a public space"
- Careful ecosystem management to avoid unintended consequences
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Treasure Hunting Potential:
- Claims there are "hundreds [of shipwrecks] that potentially have billions on them"
- Knows people working on treasure recovery who "haven't shared their plans publicly yet"
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Prediction:
- "There is gonna be like a billion dollar company built in marine geoengineering of some description"