4.6 • 12 Ratings
🗓️ 23 September 2024
⏱️ 5 minutes
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Yet-Ming Chiang’s research on materials science might seem esoteric. But he’s used it to build an array of companies in areas like batteries, green cement and critical minerals that could really help mitigate the climate crisis.
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0:00.0 | Here is your Forbes Daily Briefing for Monday, September 23rd. |
0:05.0 | Today on Forbes, meet the MIT Professor with 8 climate startups and 2.5 billion dollars in funding. |
0:14.0 | Massachusetts Institute of Technology Professor Yetming Chang |
0:18.0 | likes to fish. |
0:19.0 | And it was through fishing, back in the early 1990s, |
0:22.0 | that he started to notice that the New England waters were warming. |
0:26.0 | During a call from his office with a Japanese style fish print of a striped bass he caught behind him. He said, quote, |
0:33.0 | we used to catch lobster in Cape Cod. Now we catch Mahi-Mahi. |
0:37.0 | It's really nuts. |
0:40.0 | That glimpse of the real world impact of climate change, |
0:43.0 | with tropical and subtropical fish appearing in waters where they don't belong, |
0:48.0 | was pivotal for Chang, who has used his research lab to co-found 10 startups. Eight of them are focused on energy |
0:55.4 | and sustainability including form energy which has raised nearly one billion |
1:00.3 | dollars for its iron air battery products and sublime systems which in April |
1:05.3 | received 87 million dollars from the Department of Energy to build a commercial |
1:09.4 | plant to make low-carbon cement. As the climate crisis has become increasingly urgent, |
1:15.0 | Chang's research and his ability to spin out real-world applications from it |
1:20.0 | offers hope, |
1:21.0 | and landed him a spot on Forbes's inaugural Sustainability Leaders list released just |
1:25.9 | last week. |
1:26.9 | Chang holds some 110 patents and has written more than 300 scientific articles in fields like battery technology and |
1:34.2 | electrochemical production of industrial materials. Perhaps more important, |
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