Wednesday, June 27, 2007

World Wildlife Fund warns against plan by Planktos, Inc.

World Wildlife Fund today announced its opposition to a plan by Planktos, Inc. (OTCBB: PLKT) to dump iron dust in the open ocean west of the Galapagos Islands. The experiment seeks to induce phytoplankton blooms in the hopes that the microscopic marine plants will absorb carbon dioxide. The company is speculating on lucrative ways to combat climate change.

From EurekAlert

Climateer Investing's purpose is not to be "All Planktos, all the time" so I ask your indulgence as we watch this play out. It's a morbid fascination.