The Burning Earth is Yale history professor Sunil Amrith’s fifth book, and his first that focuses his academic eye on the climate crisis.
“As a citizen and then as a parent,” he says, “the climate crisis just became unavoidable in my mind.”
His first books, notably Crossing the Bay of Bengal and Unruly Waters, focused on the history of migration and ecology in Southeast Asia. The Burning Earth takes a global tack, covering the history of the climate crisis from hundreds of years ago, when the Industrial Revolution ignited the mass commodification of natural resources, to now, with the elimination of CFCs and recent climate tech. He sees history through the lens of human needs and desires, and specifically, the luxurious wants of a small slice of elites.

Sunil Amrith is the Renu and Anand Dhawan Professor of History at Yale University, with a secondary appointment as Professor at the Yale School of the Environment.
“The desires of a small elite, and the violent pursuit of inequality through empire, has turbocharged our impact on the planet,” Amrith says. As he writes in the prologue:
I can no longer separate the crisis of life on Earth from our concerns with justice and human freedom that inspired me to become a historian in the first place.
What is the main focus of the book?
The core question in The Burning Earth is really: How much is human freedom dependent on the destruction of our planet? I do not think that human flourishing necessitates the sheer and irreparable harm that we have done to our planet. I think a lot of that has been driven more by the desires and the consumption of a small elite amongst human beings.
You write about need, want and desire and how it relates to the climate crisis. How have those base human traits contributed to the climate breakdown?
I see two long-term paths towards our climate crisis. One is the story of human need. Food and shelter account for a significant part of our impact on the planet — the search for food and shelter, both of which are still very unequally accessed. And that is a long-term story, that the search for food contributes not just to greenhouse gas emissions, but overwhelmingly to biodiversity loss.
The second story we need to tell is that for at least 500 years, the desires of a small elite, and the violent pursuit of inequality through empire, has turbocharged our impact on the planet. It is the vast and disproportionate resources consumed by those with wealth and power in the world. Their identity has changed over time. For several hundred years, it was mostly Northern Europeans. And now that group of people is certainly much more distributed across the world.
You write in the book that elites looked at groups of people who are close to nature as being less human.
I think one of the questions we ask ourselves as we face this climate breakdown is, how did we ever come to believe that the health of the planet didn’t matter to all of us? And yet I think that there has been a period in global history where proportions of people around the world have acted as if it wasn’t true – that we could disregard the health of rivers and forests and simply consume at any rate we chose. That is a mentality that I do also associate with a mentality that imposes a hierarchy on other human beings.
If you look at, for example, the early colonization of the Americas, the language that the Iberian colonizers used to talk about Indigenous people is very often: they are close to nature. They are not fully human like we are. That legitimizes plunder and exploitation and violence, but it also legitimizes mass deforestation and extraction.
Was there any way, historically, to stop the inevitable march towards our climate crisis?
The motivations that are driving people to want to expand their lifespans, to improve the conditions and the security with which their families live – I never want to lose sight of those kinds of baseline human aspirations.
There are deep human dreams which you can see shared across cultures to simply want one’s descendants to have a better life, to want one’s family to continue. I do see that there is a progression in human beings’ ability and power to mold their surroundings, to make those surroundings more hospitable or more habitable for the human societies.
Then there are parts of the story which I think weren’t inevitable. There was nothing ordained about plantation production, for example, which is a very particular kind of cultivation which has to do with exploiting nature as quickly as possible for rapid gain. I think that is a very specific kind of innovation.
I think there are technologies that could have had multiple different kinds of uses. And what we’ve tended to see is that their use has been towards maximum extraction.
You write about silver mining and sugar plantations. How were these some of the earliest environmental catastrophes?
There’s no question that silver mining in the Americas was an environmental catastrophe, and we now have archaeological and genetic evidence that suggests just what a catastrophic impact that had on the health of workers. It was the use of mercury in extracting silver that was so devastating to both the landscape and above all to people’s health. That silver is at the root of what becomes a global economy.
One could probably make the argument that no single crop has caused greater harm than sugar both to human beings and to nature. Sugar began as a very, very rare luxury. It was treated as one of the fine spices in medieval Europe. And it’s only when you start to get large-scale plantation production combined with the social and economic transformations of early modern Europe that it becomes an item of mass consumption.
What effect did large scale steel and iron production have?
It’s largely a 19th century story. The age of industrialization coincides exactly with the fossil fuel era, because if we begin with coal in the second half of the 18th century, we start to see widespread use of coal first in England, then in northwestern Europe and in North America.
I think what changed more than anything else is scale – both the scale of resources that are needed for factory production, and the scale of impact that can be had. I think the story of the railroads is a classic example of this. One of my favorite works of environmental history is Bill Cronin’s book Changes in the Land, which shows how the city of Chicago really reshapes the entire American Midwest. And it does so through the rail lines. Suddenly, Chicago’s markets and exchanges become accessible. And that hastens the destruction of forests, that hastens the expansion of wheat production and monocrop production. And I think we see similar stories all over the world, which is what happens is that as people can travel further, as goods can travel further, you start to get global markets for commodities. And that pushes forward the commodification of nature, the idea that this is not a forest, this is timber, that shift in mentality.
You describe how the “war machine” is a mechanism of climate destruction.
That is the part of the book that was the biggest surprise to me. I did not expect that I would conclude that of all the forces driving climate breakdown, warfare is possibly number one. I think the two world wars came to strike me as being pivotal transformative moments, not just because of the scale of resources which went into both of those wars, but also because of the scale of destruction that those wars then made possible, culminating in atomic weapons by the end of the second world war.
Military emissions are not counted in most of our climate targets and most international contributions that have been agreed to. The best estimate we have is that military missions account for about 5% of greenhouse gas emissions, but that is a guess because we don’t know.
You write about the data project of 1957 and 1958, one of the first climate data projects. Tell me about the through line between that and the sheer amount of data we have now.
This is the International Geophysical Year, and it was this year that the Mauna Loa Observatory was set up in Hawaii, which is, to this day, sort of the gold standard that we have for measuring cumulative concentrations of carbon dioxide in the atmosphere.

The Mauna Loa Observatory in Hawaii in 2008. Ken Dewey / University of Nebraska-Lincoln School of Natural Resources
This data came during the height of the Cold War. This project is drawing in countries from both sides, drawing in countries that don’t necessarily get along. This is the data that first makes us aware that we are living through a period of unprecedented climate change.
With the acceleration the amount of data today, does it not seem to reason that more data would help our imperiled planet?
More data is undeniably important to climate scientists as they make projections and formulate their models. But more data hasn’t necessarily led to more consensus. More data has not necessarily changed the overall narrative about climate change. I think the data is essential, but I’m not sure that we’re at a point where more data is going to change more people’s minds. Those are political questions, those are cultural questions, and those are much harder to shift.
Why won’t more – and better – data change more people’s minds?
Firstly, I think in the U.S. more than anywhere else, there has been a politically motivated skepticism of that data. We know that the fossil fuel companies have been directly involved in promoting that sort of distrust all over the world. We’re in a broader populist moment of distrust of expertise. That is one reason why I think more data won’t necessarily change people’s minds.
Another is that data is complicated, and the way in which climate scientists and other earth scientists think about uncertainty doesn’t necessarily translate very smoothly into broader general consciousness.
And finally, the data is sometimes on a scale that is just unfathomable for all of us, so detached from our everyday lived experience, that I think we need more translation. And maybe that is where a creative artist, or a novelist like the great Richard Powers, have had more impact on shifting people’s awareness and consciousness perhaps than more data.
As an educator at Yale, how did researching and writing this book change what you bring to the classroom?
I’ve been teaching environmental history for about 15 years. And there are classes I’ve taught where the questions students have raised, the projects they’ve done, the conversations we’ve had in the classroom have just stayed with me. So, it’s not just what I bring to the classroom, but really what I get from the classroom that is translated directly into this book.
I think we need to bring the environment into everything, not just into environmental history, but I think we need to be thinking about these questions across our humanities curriculum. I mean, in that sense, that’s partly what I was trying to do with The Burning Earth, which was to say, let’s not separate the environmental story from perhaps more familiar stories about the rise and fall of empires, about unfree labor, about migration, about global transformations. And I think more broadly, that’s what I would love to see happen, which is a kind of weaving in of the more-than-human, the planet, the ecology into how we study literature, into how we study philosophy.
Might one of the hopes of this book be for people to look at the world around them and to realize that everything that’s made here possibly comes from a place of environmental destruction?
I would love readers of The Burning Earth to make connections between the material that I present, especially that which is most unfamiliar in their everyday lived experience. My aspiration is not to make people feel guilty. Quite the opposite. I want to give readers the impression that everything is interconnected.
This is about looking at choices with a sense of hopefulness that that means that a shift in consciousness or new forms of collective action can bring about change and perhaps even bring about change quite quickly.
As a historian, any predictions for the future?
I think we are living through a period, you know, just this decade, I think, of such unpredictable change that I think there are so many different trajectories that could lie before us, some of them terrifying, and some of them more hopeful.
The post ‘Everything Is Interconnected’: Author and History Professor Sunil Amrith on Facing the Climate Crisis appeared first on EcoWatch.
https://www.ecowatch.com/sunil-amrith-interview-burning-earth-ecowatch.html
Green Living
How to Compare Solar Quotes: What to Look For Before You Choose
Last winter, we kept our house at 60 degrees and our electric bill was STILL $280. I’ve been interested in solar for a long time, but on the long list of house projects (especially when you’re restoring a 200 year old house on the historic registry) some are more pressing than others.
But with a few of those major projects wrapping up, and a daunting bill before me, I figured now was the time for a quick google search on solar panels, and let me tell you….. It can be very overwhelming.
Figuring out the rules (cough, cough, historic society), incentives or rebates if applicable, how much it would cost, how much we could save, etc. felt a little like a part-time job. But, one website made it really easy to compare things, and I am happy to be partnering with Aurora Solar to share that site with you.
Because I think you should be able to easily run the numbers on your house without a lot of hassle!

This post is sponsored by Aurora Solar, but all thoughts and opinions are my own.
If you’ve ever gotten a solar quote, there’s a good chance that Aurora Solar was involved. Aurora was founded in 2013 after its co-founders spent seven months trying to design a solar energy system using a patchwork of different tools.
Afterall, designing a solar system shouldn’t be harder than actually installing one. So they built software specifically for solar professionals. Today, more than 7,000 solar organizations use Aurora, and more than 20 million solar projects have been designed using the platform. They are also the largest solar software provider in the world. Their software is used by roughly 80% of the top 75 residential solar companies in the U.S.
All of this tech has been primarily used by professional installers to map your roof and then create a proposal, but now Aurora is offering this tech to us to help compare quotes.
So instead of having to call a bunch of different installers, I could use the Aurora Solar Marketplace to understand my solar potential, compare estimates, understand my possible savings, look into battery storage and other home electrification incentives, and map out different financing options.
1. know how much electricity the system will actually produce
Before you even get into the price, make sure you understand what you’re actually being quoted.
Two solar systems can have very different prices because they may not be the same size or produce the same amount of electricity. A cheaper system might simply have fewer panels and offset less of your electric bill.
With Aurora, you can compare solar estimates and see the system size, energy production, and how much electricity the system should offset.
You can also upload your utility bill to get a solar estimate based more closely on your actual energy usage, to make the quote accurate for you instead of a ‘generic household’.
2. understand the solar payback period
Aurora calculates things like payback period and lifetime savings, which makes it much easier to understand the long-term finances.
The solar payback period is basically how long it takes for your estimated savings to make up for what you spent on the system, and this is the number that surprised me most!
One estimate had a payback period of around 7 years, and another was closer to 11 years! Over 25 years, two of the estimates I looked at had almost a $13,000 difference in projected savings.
Of course, these are still projections as electricity rates can change (HELLO 2026) but when you’re trying to compare two options for the same house, knowing that one is projected to pay for itself four years sooner is pretty useful information.
3. look beyond the monthly payment
Depending on the installer, you may be looking at a cash purchase, solar loan, lease, or power purchase agreement.
But thankfully with Aurora you can compare the different financing options side-by-side which makes it a lot easier to see the trade-offs. One option may have a lower upfront cost, another may have a lower monthly payment, and another may give you better long-term savings.

4. find out which solar incentives actually apply to you
The minute you start Googling solar, you can find federal incentives, state incentives, utility programs, rebates, net metering, and a whole bunch of information that may or may not even apply to where you live.
And some of the articles ranking at the top of Google are several years old! (RIP to the federal incentives canceled at the end of 2025.) But, Aurora can account for solar incentives when calculating the cost and savings of a system, including state, local, and utility-specific programs.
I would still double check any incentive or tax benefit you’re planning to use before signing a contract, especially because programs and eligibility can change, but having all the relevant information in the same place makes the research process much less overwhelming.
5. research the installer, equipment, and warranties
Aurora lets you compare solar installers based on things like reviews, reputation, pricing, and financing options, which I think is just as important as the actual quote.
I’d also look closely at what equipment is included. What panels are they using? What kind of inverter? How long are the equipment warranties? Is there also a workmanship warranty from the installer? Who handles repairs if something goes wrong five or ten years from now?
And, I know I’ve said it a million times, but it’s nice to see it side-by-side without having to fill out a bunch of forms and be hounded on the phone just to get an idea of what solar may look like.
The post How to Compare Solar Quotes: What to Look For Before You Choose appeared first on Going Zero Waste.
How to Compare Solar Quotes: What to Look For Before You Choose
Green Living
Sustainability In Your Ear: XPRIZE’s David Babson on Why Climate Grand Challenges Need Buyers, Too
Buyers contracted nearly 30 million tons of durable carbon removal in 2025, more than triple the 2024 total, according to CDR.fyi data reported by Heatmap. About 90% of those purchases came from a single company, Microsoft, and suppliers delivered only about 450,000 tons during the year. That is a sliver of the six to 10 billion tons of removal a year that climate scenarios suggest the world will need by 2050. The technology to pull carbon out of the air works, but the customers needed to scale it remain scarce.
Our guest today, David Babson, is executive vice president of the Energy, Climate, and Nature domain at the XPRIZE Foundation. He calls the slow progress a market failure, because the technology is progressing faster than it is being adopted. Babson previously led MIT’s Climate Grand Challenges initiative and was a program director at the U.S. Department of Energy’s ARPA-E. His portfolio includes XPRIZE Carbon Removal, which drew 1,334 teams and whose participants have raised more than $3.3 billion. In April 2025, Mati Carbon won its $50 million grand prize for spreading crushed basalt on smallholder farms in India, where the rock locks away carbon dioxide. “If people could make money taking carbon out of the air and putting it underground, as opposed to only being able to make money taking it from underground and putting it in the air, we would be in a better place,” Babson says. Mati is weathering the slump in part because its rock dust also improves soil health and crop yields, giving farmers a reason to participate that doesn’t depend on carbon credit prices.

XPRIZE’s answer is to change what winners receive. Babson describes “mixed purses” that pair a cash award with a guaranteed buyer through an advance market commitment, a power purchase agreement, or an offtake contract. In one thought experiment, a carbon removal prize would come with a separate $1 billion fund raised from credit buyers, which qualified teams could draw on as they deliver verified tons. XPRIZE is applying the same thinking to a planned series of fusion energy prizes, pairing technical milestones with market mechanisms to build the supply chain that commercial fusion will require. The same gap between invention and adoption shows up in other XPRIZE competitions. On September 23, XPRIZE Wildfire awarded about $4.55 million from its $11 million purse, with defense contractor Anduril Industries taking first place in autonomous fire response along with a $1 million Lockheed Martin bonus. Babson expects costs to fall as fire agencies adopt the tools and as startups license individual components into cheaper platforms, though underfunded agencies will need a way to buy the first systems. He also notes that the competition left fuel management and ground-based autonomy for future prizes. Earlier this year, program director Andrea Santy told us that field testing had moved ahead of drone regulations. In biodiversity, Limelight Rainforest won $5 million for surveying 100 hectares of tropical forest in under 24 hours and identifying more than 250 species. Biodiversity still lacks a price, but Babson argues that once ecosystems can be measured, slow-walking policy becomes “a dereliction of what they should be doing.”
We also discuss the tension inside XPRIZE’s vision of “equitable abundance,” including a $101 million Healthspan prize that could add years of consumption to longer lives. Babson argues that abundant, cheap clean energy would let society move beyond efficiency as its organizing principle, powering uses such as indoor vertical farms that could return millions of acres of farmland to nature. You can follow XPRIZE’s new competitions and get involved in its prize ideation workshops at xprize.org.
- Subscribe to Sustainability In Your Ear on iTunes
- Follow Sustainability In Your Ear on Spreaker, iHeartRadio, or YouTube
Interview Transcript
Mitch Ratcliffe 00:36
Hello. Good morning, good afternoon, or good evening, wherever you are on this beautiful planet of ours. Welcome to Sustainability In Your Ear. This is the podcast conversation about accelerating the transition to a sustainable, carbon-neutral society, and I’m your host, Mitch Ratcliffe. Thanks for joining the conversation today.
Let’s talk about the power and the uses of grand challenge programs to kickstart low-carbon industries and respond to the changing environment. Over the past several years, we’ve talked on the show with leaders of grand challenge programs designed to accelerate progress on humanity’s most difficult challenges, from pulling carbon out of the atmosphere to fighting rapidly growing wildfire threats in cities and rural communities. Many of these competitions have been launched by XPRIZE, whose leaders have shared on the show the stories of these competitions as they launched and unfolded.
Today is a chance to take stock, to look back and think about how climate markets, technology, and politics are changing fast, and how that makes this a good moment to ask the question: Are these programs designed to accelerate progress actually delivering that progress?
Our guest today designs XPRIZE’s climate bets. David Babson is executive vice president of the Energy, Climate, and Nature domain at the XPRIZE Foundation. Before XPRIZE, he was the executive director of MIT’s Climate Grand Challenges initiative and a program director at the U.S. Energy Department’s ARPA-E energy technology research agency.
His portfolio includes the largest incentive in prize history. In 2025, Mati Carbon received a $50 million grand prize for their enhanced rock weathering solution for capturing and drawing down carbon, and XPRIZE now reports that companies participating in its programs have raised $3.3 billion. That carbon removal win arrived just as the removal market hit serious turbulence, and as XPRIZE’s wildfire competition wrapped up with its top prize still unclaimed.
So we’re going to discuss what grand challenges can really accomplish, which winners continue to build and which stall, and what the reasons are, as well as the tensions inside a portfolio that funds both climate solutions and longer human lifespans. We’ll get to the conversation right after this brief commercial break. Stay tuned.
[COMMERCIAL BREAK]
Welcome back to Sustainability In Your Ear, and welcome, David Babson, to Sustainability In Your Ear. How are you doing today?
David Babson 03:10
I’m doing well.
Mitch Ratcliffe 03:11
I’m glad to have you here. You’ve run research portfolios at ARPA-E and MIT. What can a prize purse accomplish that a well-funded grant program can’t, or are they complementary?
David Babson 03:22
They’re absolutely complementary. The way that I think about it is that the value of these different mechanisms for promoting innovation is at different parts of the innovation supply chain, if you will. A prize is not a substitute for the very necessary investments that places like governments make into basic, applied, and advanced research. In fact, those types of investments are really valuable for establishing the innovation ecosystems and the technical capacities to eventually win prizes.
Where the prize is very valuable is somewhat downstream: translating technologies, ideas, and innovations that are coming out of academia and labs to market for scale. It challenges the innovators to imagine those technical capacities as solutions to global challenges, and then the visibility that the prize brings to those translations of technologies de-risks funding to flow to those innovators so they can imagine their uses in practice.
So I actually see them as very complementary, particularly when it comes to solutions in the energy and climate space that require rapid adoption of technologies in markets to have impact. Just having an energy solution or a climate solution is not valuable unless it can be de-risked and connected to markets to scale for impact. And that’s what the prize is actually very good at doing.
Mitch Ratcliffe 05:22
That comes through in the impact report that you all published recently. About 1,300 different organizations were catalyzed. The groups came together, apparently, because of their desire to compete in the competition.
What I’ve found in my work with public-private partnerships, in particular, is that impact investors are looking for that initial traction, and to a degree, the prize and the distribution of money within the prize group is that catalyst that says there’s a real opportunity for an impact profit, something that both does good and is profitable. How does the organization consult with the financial communities that are going to back these companies once your prize has been awarded? Is there a backroom conversation about that, for lack of a better way of putting it?
David Babson 06:10
Not an explicit backroom conversation about it, but the prize itself brings attention to the innovations that are coming out to win the competition. Oftentimes, as you’re noting, these impact investing communities exist, and they are looking for technologies to invest in to have impact.
What the prize is effective at doing is casting a wider net and surfacing the best solutions across the board, where there may have been silos in the past, or there may not have been transparency to individual investors about where to put their money. The prize is capable of elevating all of them, creating better visibility, and therefore, just by its inherent operation, creates better opportunities for investment capital to flow to the right types of teams to have greater impact more quickly.
So we don’t have explicit discussions with those types of investor communities to have them directly connected to individual prizes. But we often consult with investors and experts in industry to inform the metrics that we would want to have demonstrated, so that we know that when teams are winning our competitions, the demonstrations that they do are de-risking capital to flow to those innovators so that they can be translated to market.
Mitch Ratcliffe 07:47
We’re talking about growing industries, which of course means diversifying into a lot of specializations. Once you’ve got this kind of anchor winning team or teams, how does XPRIZE think about propagating the information that’s necessary for the rest of the industry to grow and fill in around them, in order to provide the kind of comprehensive geographic coverage and range of functions that are necessary for the industry to thrive? Is that something that you think about cultivating, like you would in agriculture?
David Babson 08:22
It is something that we think a lot about. With a few of the more recent prize competitions that we’ve run, we have also paired those competitions with a subsequent impact phase, which is designed to further build the community that has been established through the operation of the prize and connect the technologies that came out of the competition to the right types of markets and investors so that they can scale.
So that is one of the things that we’re thinking about in future competitions as well: not just running an innovation competition to surface new innovations, but how do we augment the community building that the prize provides as a way to also promote the back-end business models and industries that can scale those solutions for impact?
Mitch Ratcliffe 09:19
How would you describe the patterns you’re looking for that indicate that an organization can become that durable enterprise? What separates them from the rest? Have you got thoughts about that?
David Babson 09:29
I do have thoughts about it. In a lot of ways, the rigorous metrics that we set up when we’re designing the competition are informed by what experts believe would be the necessary demonstrations to actually generate a solution that is market viable. So a lot of it is very quantitative in terms of how we architect the competition.
But what we’ve also seen is that there are elements of winning teams that can’t always be controlled by just the scientific metrics. A lot of times, it’s the composition of the team, how diverse they are, and the unique mentality that the leaders of the team have in terms of their vision and their ambition. Those are parts that you can’t control for, but the prize model is very effective at also attracting the type of entrepreneurial, big-thinking individuals that actually tend to be behind some of the most successful companies.
Mitch Ratcliffe 10:40
Those big-thinking individuals often struggle with the transition from inventor. And to your point about the academic community often being the source of many of the teams that are competing, that’s not something that academics are necessarily good at. As part of the prize process, do you also begin to coach them on how to staff for the operators who are going to be able to translate the invention into a market success?
David Babson 11:04
Absolutely. On the front end, the prize itself sets a target that is typically beyond what researchers in an academic setting are imagining for what they’re doing. It gives them a way to imagine their technical innovations as scalable solutions to big problems, so that gets them excited to be in the competition. But you’re right: they’re not necessarily all business-minded or have the types of experience that would allow even very, very good solutions to become very strong companies and business models.
So one of the things that we have tried out recently, and it’s a model that we could replicate in future competitions as well, is an accelerator cohort in the carbon removal prize. It was optional for teams to opt into the cohort to get additional guidance and consulting from experts in startups and technology translation. That would help them think about the unique elements of their proposed carbon removal strategy, how they would connect it to markets, and how they would drive greater value for their solutions.
That is something that we can do as part of the competition, because we’re building a community of innovators that are striving toward a shared aim. Therefore, we can better define what an accelerator cohort looks like, so that the guidance that is provided is more effective at actually generating the right type of thinking for scaling the solutions that we’re interested in.
Mitch Ratcliffe 12:52
That kind of accelerator approach gets you ready for market competition, but it doesn’t always get you ready for the market in which you’re going to have to exist as an organization. It’s templated, and the specifics of any individual company’s success are very unique.
Let’s take Mati Carbon as an example. They won the $50 million prize. They are doing carbon drawdown using basalt ground up and mixed into farmers’ fields, but their success is really anchored in the carbon credit market’s growth. How does the prize work with those sources of carbon credit purchases, for instance, Meta or Microsoft, to connect them to these opportunities to make prize winners thriving organizations?
David Babson 13:38
There are some limitations to what we can do in that space. I think the uncertainty and the pullback in commitments to carbon credits and carbon markets is a challenge to the cohort of teams that competed in the carbon removal prize.
Ironically, I think one of the things that is allowing Mati to continue growing on the business plan that they have is that a lot of the value that they’re able to assign to their solution actually goes toward the agricultural implications: the ability for their treated lands to not just remove and store carbon, but to improve soil quality and soil health to improve agricultural yields. So there’s a different value stream that they can draw from. Broadly, it would be much better if there were a great deal more certainty in the market for carbon removal attributes.
Mitch Ratcliffe 14:47
This is a systems thinking problem, and your domain includes nature alongside energy and climate. How do you think differently about designing a prize for an ecosystem as compared to designing one for a technology that has a clear cost curve and an adoption challenge?
David Babson 15:02
I think that it’s a really interesting question, and one that we’ve been thinking about a lot in my domain in particular. As I was saying earlier, it’s not sufficient to just surface new innovations that could be a solution. In order for them to have impact, you have to figure out how you connect those to markets and get them into use, so that they can scale to drive that impact.
So there are two parts of the incentive model that we need to push on. We need to continue the incentive that the traditional non-dilutive purse offers in attracting innovators to demonstrate their potential solutions. But we also need to consider the market mechanisms that would help accelerate the transition of those technologies from the lab into the market.
So we’ve been thinking a lot about how we migh
