The Engine Ventures' CEO and Managing partner Katie Rae talks to Forbes’ Alex Knapp about its recent round of fundraising for investments in startups focused on sustainability, health and infrastructure. Rae also sees opportunities in quantum computing and other new hardware, saying “power and climate and compute all go together.”
Katie Rae, CEO and managing partner of the Engine Ventures, speaks with Boston Globe reporter Aaron Pressman about The Engine Ventures’ third investment fund, which remains focused on “helping early-stage startups develop and commercialize ‘tough tech,’ which can include anything from fusion power generators to cement made without fossil fuels.” Rae notes: “You see this dynamism not just for climate, but for all things manufacturing, whether it’s biotech, whether it’s AI chips, it is about as an exciting moment as you could get for what we do.”
Prof. Brent Minchew speaks with Atlantic reporter Ross Anderson about his work developing new technology “that could slow down the cryosphere’s disintegration.” “I’m not going to be satisfied simply documenting the demise of these environments that I care about,” says Minchew.
Prof. Susan Solomon speaks with Guardian reporter Killian Fox about her new book “Solvable: How We Healed the Earth, and How We Can Do It Again,” and her research addressing climate change. “For goodness sake, let’s not give up now, we’re right on the cusp of success,” says Solomon. “That’s the fundamental message of the book.”
Prof. Susan Solomon speaks with Times Higher Education reporter Matthew Reisz about her work “researching, teaching and communicating climate science while also leading seemingly endless international environmental negotiations.” Solomon recently published a new book, “Solvable: How We Healed the Earth, and How We Can Do It Again,” in which she outlines her “hope for the planet.” Says Solomon: “We are in a world bursting with change. So it’s a perfect time to be a climate scientist and study all those things.”
Researchers from MIT have discovered that integrating “Texas’ self-contained electrical grid with the broader national grid could prevent mass power outages,” reports Zack Budryk for The Hill. The researchers “modeled the effects of a bill introduced by Reps. Greg Casar (D-Texas) and Alexandria Ocasio-Cortez (D-N.Y.) that would connect the Electric Reliability Council of Texas (ERCOT) to the rest of the country,” explains Budryk. “They determined that if such a law had been enacted ahead of the 2021 event, Winter Storm Uri, up to 80 percent of the millions of blackouts caused by the storm could have been averted.”
Researchers from the MIT Climate Policy Center have shown increasing shared transmission reduces outage risk, writes Sara Dinatale for the Star-Telegram. The researchers found connecting the Texas power grid to neighboring systems could have reduced blackouts during Winter Storm Uri in 2021. “What we're trying to do is provide policymakers with data," explains Prof. Christopher Knittel. “We just want policymakers to know what the trade-offs are from interconnecting or not interconnecting. And hopefully they can make a better decision.”
A new proposal aims to transform Massachusetts into “a new leader in climate and environment technology,” with the help with MIT and other Massachusetts-based universities, reports Julia Jacobo for ABC News. “The foundations for seeing environmental initiatives from their inception to public market have long existed in Massachusetts, home to some of the most prestigious research institutions and scientific discoveries in the world, as well as existing infrastructure that allows production to be achieved much faster, according to experts in the state.”
Senior Research Scientist C. Adam Schlosser, deputy director of the MIT Joint Program on the Science and Policy of Global Change, speaks with Joshua Miller of The Boston Globe about the 11th consecutive month of record high global temperatures and the overall pace of climate change. The rising temperatures fall “very consistently with what the science is telling us about human interference with climate,” Schlosser explains.
MIT scientists are working to fortify coastlines with “architected” reefs that can also provide habitats for fish and marine life, reports Ed Brown for TechBriefs. “We looked at the structure of these reefs and we found some similarities to what we had been doing in fluid mechanics. That led us to the idea of trying to make artificial reefs that we could architect and build in a very directed way,” says Prof. Michael Triantafyllou.
MIT spinoff Electrified Thermal Solutions is developing electrically charged bricks that generate and store heat as part of an effort to one day replace fossil fuels, reports Phil McKenna for Inside Climate News. “If you are running an industrial plant where you’re making cement or steel or glass or ceramics or chemicals or even food or beverage products, you burn a lot of fossil fuels,” explains Daniel Stack SM '17, PhD '21, chief executive of Electrified Thermal Solutions. “Our mission is to decarbonize industry with electrified heat.”
Matt Elenjickal writes for Fast Company about pressuring companies to drive sustainable practices, noting the MIT Center for Transportation and Logistics’ 2023 State of Supply Chain Sustainability report, which found that “investors continue to be the fastest-growing source of pressure on company leadership when demanding progress against sustainability goals.”
An opinion piece by Katie Martin of the Financial Times explores how Prof. Emil Verner and colleagues have found that climate pledges made by banks and other financial institutions are not effective at reducing carbon emissions. “We find no evidence of reduced financed emissions through engagement,” the paper states. “We conclude that net zero commitments do not lead to meaningful changes in bank behavior.”
Prof. Asegun Henry founded Fourth Power, a startup using new technology to cut the cost of storing renewable energy, reports Adele Peters for Fast Company. The technology is designed “to tap into excess renewable energy,” explains Peters. “That energy heats up liquid tin, which flows down carbon pipes to heat up the blocks. When the grid needs electricity again, the system generates it using special solar panels that run on the white-hot light from the pipes rather than sunshine. Because the system was designed for durability, the team expects it to last for three decades—far longer than lithium-ion batteries, which quickly degrade.”
Researchers from MIT and elsewhere have found that “showing AI-generated images of a less car-reliant American city boosted support for sustainable transportation policies,” reports Linda Poon for Bloomberg. “Let’s help them imagine what it would actually be like to live in a car-less neighborhood, and a car-less city,” says postdoctoral associate Rachit Dubey.