Welcome to the Episode 9 of the Climate Money Podcast. 
 
In this episode, we look at:
<ul>
 <li>New research that shoes Direct Air Capture won’t be able to hit the magical $100/ton cost benchmark, and why this flies in the face of everything we’ve been told </li>
 <li>How a billion-dollar CO2 pipeline project is a secret force opposing EV adoption </li>
 <li>The blossoming frenemy-ship between Big Oil and Big Ag</li>
 <li>And how all this underscores the wicked, systems problem of climate change</li>
</ul>
As always I welcome your feedback and reflections.

Climate change and the cost of food

Climate Money covers the financing side of climate change -- where the money is flowing, where it isn't, and why it matters. Join us as we cover climate headlines and founders and investors involved in the business of fighting climate change. 

Season 2 explores a central observation: climate tech financing has reached ~$1.8 trillion annually, but the debt-to-equity ratio is roughly 15:1. This massive tilt toward debt signals sector maturation (bankable assets, proven revenue models, institutional comfort) while simultaneously exposing dangerous gaps that we'll dive into on the show.