After decades of the global warming debate, the world seems to finally be embracing the climate crisis at hand; however, what is the best way to tackle it? This week's guest, Ibrahim AlHusseini, sat down with Xander to explain how his company is putting eco-friendly ideas and investments into practical focus towards more efficient and speedy climate restoring technology.
Ibrahim is a venture capitalist and an entrepreneur turned environmentalist. AlHusseni explains how he was inspired to take action after going to his favorite place to scuba dive between 1993-2003, The Red Sea. He saw how it became polluted and barren with plastic debris outnumbering fish. He then started Full Cycle, which invests in sustainable strategies and lowering emissions. Its mission is to face consumer-based acceleration of deforestation, coal mining, and oil digging in what he calls an "imbalance of our life support system by expediting sustainable, closed-loop infrastructures with a high."
Ibrahim explains, "Earth is a very delicate system." which is why his work revolves around the understanding that, despite consumerism leaning towards eco-friendly products, it will only expand as other countries become more industrialized. "This species of eight billion people, 50% of which are now consumers and the other 50% is about to join the ranks of consumers, now want stuff." He says, "They want energy, they want iPads, they want cars, they want air conditioning." While this is all to be expected, the concern is a biosphere collapse, disrupting the natural system. He cites the 90% of large species are being fished out of the ocean while the waters are experiencing ocean acidification, causing a marine and food chain collapse. "This is not propaganda, it's not drama.", AlHusseini says, "This is math and chemistry, and we're just there, we ran out of time, we're just here now, and we have to do something."
Full Cycle's mission is to move out of the 19th century's standards, which AlHusseni refers to as an "old, dirty legacy", and into the 21st century's clean alternatives; making it systemic and lasting globally. It's unique in its approach, realizing that small changes like paper straws and recycling, while admirable, will not be the fastest way towards change. He says, "We have to behave based on the system we live in." Their mantra is “CROI20” which means offering the highest carbon return on investment in the next 20 years and does this by working with companies with already developed climate-critical infrastructure tech. "If your house is on fire, it does not make sense to, then go, invest in inventing new firefighting technology."
Ibrahim has expanded internationally with plants in India, Amsterdam, and Portugal and new plans for Fresno, California, France, and Massachusetts. With this growth, he hopes to have commercially ready solutions within a decade, expanding climate justice which lifts people out of poverty and moves to a low carbon society. He hopes that, "At some point, the world realizes there's a better solution environmentally and economically." AlHusseni believes that change can continue with the new administration not pandering to constituents and continue to fund programs such as with Tesla, which sells vehicles worldwide. He says that one day we'll look back and say, "We inherited a rough situation, we corrected course. We may experience a bunch of destabilization in our lifetime, but at least we know that for humanity overall, we corrected course."