This study closely follows a September Ocean Iron Fertilization symposium at the Woods Hole Oceanographic Institution (WHOI) attended by leading scientists, international lawyers, policy makers, and concerned representatives from government, business, academia and environmental organizations.
Topics discussed included potential environmental dangers, economic implications, and the uncertain effectiveness of ocean fertilization. To date none of the major ocean fertilization experiments have verified that a significant amount of deep ocean carbon sequestration occurs. Some scientists have suggested that verification may require more massive and more permanent experiments. Together with commercial operators they plan to go ahead with large-scale and more permanent ocean fertilization experiments and note that potential negative environmental consequences must be balanced against the harm expected due to ignoring climate change.
During the Ocean Iron Fertilization meeting Dr. Hauke Kite-Powell, of the Marine Policy Center at WHOI, estimated the possible future value of ocean fertilization at $100 billion of the emerging international carbon trading market, which has the goal of mitigating global warming. 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
|Contact: Barbra Gonzalez|
University of Miami Rosenstiel School of Marine & Atmospheric Science