No Carbon Credits for Iron Fertilization

Thanks to Miriam for alerting me!

The London Convention Treaty, which limits pollution in international waters, has agreed to limit
iron fertilization experiments to “legitimate scientific research.”
Commercial operations that sell carbon credits will not be allowed. The
delegates will *ahem* iron out the details out in May.

But…

But Dan Whaley, CEO of Climos, a San Francisco, California-based ocean
fertilization start-up, defends his company’s ethics and notes that the
text of the resolution doesn’t explicitly bar commercial projects.
Climos still hopes to abide by the treaties and obtain permits for
operations previously scheduled in 2010.