•Produce an accredited seaweed Blue Carbon credit that we can on-sell, allowing us to expand rapidly to a turnover within 5-7 yrs of at least $100mil.
•Confirming the cost to produce a credit and developing a clear strategy as to how we scale and reduce production costs to our target.
•Identifying suitable expansion sites and gaining agreement in principle with lease owners et al to deploy there.
•Developing other complimentary activities (i.e. biochar) which have the potential to use our biomass to contribute to our overarching aim whilst at the same time generating significant revenue.
•Finalising a clear plan to expand rapidly and safely to meet bullet point 1- likely offshore- and what, if any additional funding will be required for us to do so.
• Unaffected from many issues affecting land-based methods, such as fires, droughts, floods, and land conversion.
• Fast growing, which results in a high carbon capture rate.
• Integrated Multi-tropic Aquaculture (IMTA) methods can be applied, where seaweed is grown near fish farms, where both systems benefit from bio mitigation of waste products.
• Biodiversity can be maintained by cultivating multiple of species of seaweed in a single system
• Can lead to sustainable jobs in the local communities
• Can be harvested to produce a range of products including food products and Biochar.
• The amount of carbon captured can also be directly measured
• Lots of area available to do this- as opposed to land-based approaches.
Adam Brancher BSc (Hons) PGCertMarEng PGCPSM – Managing Director
With a strong military, marine and commercial background, Adam sees SOCC as a massive opportunity to build a business that not only makes a good financial return, but also one that contributes meaningfully to the fight against climate change. A hands on leader, manager and builder of successful businesses Adam will continue in this role as the business expands, stepping back from his current role as MD of Kedge Pty Ltd, Australia’s foremost domestic vessel survey and engineering company, to concentrate on building SOCC. His practical knowledge of marine operations and aquaculture in Tasmania as well as his proven ability to manage risk mean that when SOCC puts product in the water it will be done safely and efficiently at the forefront of worlds best practice.
Dr Tomas Remenyi PhD, BSc, B Comm., B Ant. Sci (Hons), Grad Dip Quant. Mar. Sci. – Director Science
A highly respected researcher, Tom adds considerable rigour to our in-house science team – his expertise in climate change processes, chemical oceanography and climatology being particularly strong. With a proven ability to interpret and apply data and strong links to worldwide experts in a variety of relevant disciplines, our efforts to establish a seaweed based Blue Carbon credit that is tradable and credible internationally is all but assured under Tom’s leadership.
Caroline Remenyi BSc (Hons),B Ed, Grad Dip Ap. Sci. (Aquaculture) – Director Aquaculture
Caroline is a passionate educator and a highly qualified, hands-on aquaculture hatchery expert. She has worked in these sectors in Tasmania, NZ and in NSW and has charge of the SOCC hatchery. Getting viable kelp babies onto our ropes and into the water are her current focus . The SOCC hatchery is co-located at the Newtown High School in Hobart where Caroline teaches year 11 and 12 Seaweed Aquaculture courses. This creates a nice circularity- we are not only growing on the site but Caroline is training our future workforce!
Prue Brancher LLB(Hons) PGCE – Director Compliance and Legal
Our legal and governance Director, Prue has served in legal and education roles in the public and private sectors. She is a passionate and practical change manager, well able to liaise with a variety of stakeholders to gain the permissions we need to do what we are doing. She has a particular passion for soil health and is leading on our efforts to scale biochar production- one of our key sequestration strategies.
The Southern Ocean Carbon Company
Sandy Bay Road, Sandy Bay Tasmania 7005, Australia
The Southern Ocean Carbon Company would like to pay respect to the traditional and original owners of this land, the Muwinina people, - to pay respect to those that have passed before us and to acknowledge today’s Tasmanian Aboriginal community who are the custodians of this land.
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