Gigablue announced a milestone of selling 200,000 carbon credits to support its ocean-based carbon capture technology. Founded by Israeli entrepreneurs, the company claims its particles can trap carbon on the ocean floor. Despite this, external scientists question the veracity and effectiveness of Gigablue's claims due to limited information. The company envisions creating a seasonal 'sequestration field' in the ocean. Customers like Jimmy Pallas, who rely on Gigablue for carbon offsets, express trust in the company's capabilities despite the skepticism surrounding its technology. Gigablue originally aimed to address the massive carbon removal required globally.
Gigablue has designed particles that, when released in the ocean, will trap carbon at the bottom of the sea, asserting potential to combat climate change.
Outside scientists express skepticism about Gigablue's technology, citing insufficient information and unanswered questions regarding its efficacy in carbon removal.
Jimmy Pallas likened Gigablue's service to an 'extra trash can' for unwanted emissions, demonstrating consumer trust despite uncertainty about the company's technology.
Originally named 'Gigaton,' the company aims to develop a 'sequestration field' in the South Pacific to release carbon-trapping particles seasonally.
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