Liquid Assets

Liquid Assets

By Ravi KuraniBusiness
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Liquid Assets episodes

  • Innovating Water with Scott Bryan from Imagine H2O

    In a world grappling with water scarcity and climate change, innovation in water technology has never been more crucial. Yet, the water sector faces unique challenges in attracting investment and fostering entrepreneurship.

    In this episode of Liquid Assets hosted by Ravi kurani, Scott Bryan discusses the evolution of Imagine H2O from its inception in 2009 to its current status as a leading accelerator for water startups. He highlights the unique challenges faced by water entrepreneurs, including long commercialization timelines of 10-15 years and the need for non-dilutive funding sources.

    The conversation delves into the global landscape of water innovation, spotlighting forward-thinking markets like Singapore and the EU. Scott emphasizes the importance of water security as a national priority and how different regions are tackling water-related challenges in the context of climate change. He also addresses the complexities of the water sector, including the fragmented nature of water utilities in the US and the need for localized solutions.

    Looking to the future, Scott outlines his vision for water innovation through the lens of four key concepts: digitalization, decentralization, decarbonization, and democratization.

    What you'll hear in this episode:

    1. The Genesis of Imagine H2O: Discover how Scott identified the need for a dedicated water innovation ecosystem and transformed it into reality.

    2. Navigating Long-Term Horizons: Learn why water startups face 10-15 year commercialization timelines and how to strategically approach funding.

    3. Global Perspectives: Gain insights into forward-thinking markets like Singapore and the EU, and their approaches to water security and climate change.

    4. The Four D's of Water Innovation: Explore Scott's vision for the future, focusing on digitalization, decentralization, decarbonization, and democratization.

    5. Practical Advice for Water Entrepreneurs: Uncover valuable tips on market focus, team building, and securing non-dilutive funding for pilot projects.

    6. Scott suggests you read ⁠Cadillac Desert by Marc Reisner

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        33 min
      • Water Law & Climate Resilience with Robin Craig

        In an era of climate change and increasing water scarcity, understanding water policy has never been more crucial. From California's ongoing drought to the East Coast's flood-drought cycles, water challenges are reshaping our world. But did you know that water laws change drastically at the shoreline? Or that 70-80% of water rights in Western states are tied up in agriculture?

        In this eye-opening episode of Liquid Assets, host Ravi Kurani sits down with Robin Craig, an esteemed professor from USC, to dive deep into the intricate world of water policy. Craig, a leading expert in environmental law and author of "Re-envisioning the Anthropocene Ocean," breaks down the complex landscape of water management, from freshwater allocation to ocean conservation.

        Whether you're a policy maker, environmental enthusiast, or simply a concerned citizen, this episode offers invaluable insights into one of the most pressing issues of our time. Discover how water policy shapes everything from your daily life to global ecosystems, and learn about the cutting-edge solutions being developed to address our water challenges.

        Don't miss this opportunity to expand your understanding of water policy and its far-reaching impacts. Tune in to Liquid Assets for an enlightening conversation that's sure to change how you view this vital resource.

        What you'll hear in this episode:

        1. The stark differences between freshwater and saltwater management

        2. How water laws vary between dry and wet regions

        3. The water-energy-food nexus and its policy implications

        4. Climate resilience in water law and its regional challenges

        5. The future of ocean management and innovative solutions

        6. Robin suggests you read The Ministry for the Future.

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            40 min
          • Global Water Scarcity with Tess Russo from the Gates Foundation

            Water scarcity and effective management are critical global challenges, particularly in agriculture-dependent regions like Punjab, India. In this compelling episode of Liquid Assets, host Ravi Kurani engages with Tess Russo, a Senior Program Officer at the Bill and Melinda Gates Foundation, to unravel these complex issues. Tess, an expert in hydrology, discusses the severe impacts of groundwater depletion and introduces innovative solutions such as Managed Aquifer Recharge (MAR) and Integrated Water Resources Management (IWRM), which are essential for sustainable water practices and climate adaptation.

            Tess shares her vast field experience, emphasizing the importance of understanding both surface and groundwater systems. She highlights how intensive agricultural practices have led to declining water levels in regions like Punjab and underscores the need for multidisciplinary approaches to water management. Through MAR and IWRM, Tess demonstrates how capturing and managing water effectively can prevent further depletion and maintain water quality.

            At the Gates Foundation, Tess is leading initiatives that integrate water, energy, and environmental systems to develop sustainable water management strategies. By fostering collaboration among various stakeholders and utilizing innovative approaches, her work aims to address the dynamic challenges posed by climate change and human development. This episode provides a comprehensive understanding of sustainable water practices vital for agricultural development and highlights Tess's dedication to making a tangible impact on marginalized communities.


            What you'll hear in this episode:

            • Understanding Hydrology: Tess Russo breaks down the science of water, explaining the importance of both surface and groundwater systems.

            • Challenges of Groundwater Depletion: Insights into the critical issues faced by regions like Punjab, India, due to intensive agricultural practices.

            • Innovative Water Management Solutions: Discussion on Managed Aquifer Recharge (MAR) and Integrated Water Resources Management (IWRM) as key strategies.

            • Fieldwork and Global Perspectives: Tess shares her extensive field experiences from projects across various continents.

            • Gates Foundation Initiatives: Learn about Tess's role in developing sustainable water management strategies and the foundation's efforts in Sub-Saharan Africa and South Asia.

            • Tess suggests you read Cadillac Desert: The American West and Its Disappearing Water by Marc Reisner


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                33 min
              • Circular Water Economy with Tim Bartholomew

                Water scarcity is an increasingly pressing global issue, exacerbated by factors such as population growth, urbanization, and climate change. Traditionally, our water usage follows a linear model: we extract water from the environment, treat it for various purposes, and then release the wastewater back into the environment. However, this approach is unsustainable and contributes to environmental pollution and resource depletion.

                In this insightful episode of Liquid Assets, Ravi Kurani sits down with Tim Bartholomew, a research engineer at the National Energy Technology Laboratory (NETL), to discuss the National Alliance for Water Innovation (NAWI)'s efforts to transform the linear water economy into a circular model.

                NAWI, funded by the U.S. Department of Energy, is a desalination hub composed of multiple national laboratories, universities, and industry partners. Its primary goal is to develop new water treatment technologies that can enable a circular water economy, where wastewater is treated and reused locally, reducing the need for long-distance transportation and minimizing water consumption and pollution.

                Tim Bartholomew sheds light on the challenges and opportunities associated with this ambitious endeavor. He explains the concept of a "prime" technology, which encompasses attributes such as autonomy, precision, resilience, intensification, modularity, and electrification – characteristics that could revolutionize water treatment processes.

                Whether you're interested in water sustainability, emerging technologies, or environmental policy, this episode offers valuable insights into the efforts underway to address one of the most pressing challenges of our time.


                What you'll hear in this episode:

                • 📌 Insights into the National Alliance for Water Innovation (NAWI)'s mission to develop a circular water economy 💧

                • 📌 Explanation of the "prime" criteria for water treatment technologies (autonomous, precise, resilient, intensified, modular, electrified) ⚡

                • 📌 Details on techno-economic assessments to evaluate the cost-viability of emerging water tech 💰

                • 📌 Discussion of WaterTAP - an open-source software for modeling new water treatment processes 💻

                • 📌 The role of national labs like NETL in driving innovation in the water sector 🔬

                • 📌 Tim Bartholomew's unique career journey into water research and sustainability 🌊

                • Tim suggests you read Range: Why Generalists Triumph in a Specialized World by David Epstein.


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                    41 min
                  • Water Scarcity with Ulf Leonhard at Watervent

                    Water is becoming an increasingly scarce resource worldwide. With growing populations, urbanization, and climate change exacerbating water stress, finding sustainable solutions to address water scarcity has become a pressing global priority. In this insightful episode of the "Liquid Assets" podcast, host Ravi Kurani invites Ulf Leonard, the visionary mind behind the Watertech funding firm WaterVent, to share his perspectives on confronting the water crisis through innovative technologies and strategies.

                    Ulf Leonard candidly discusses the stark contrast between grand proclamations made at water conferences and the lack of tangible action on the ground, exposing harsh realities like ignorance, incompetence, and corruption. However, he also explores the promising world of decentralized water treatment technologies such as containerized solutions, nature-based systems like aquaponics, and innovative rainwater harvesting techniques - approaches with immense potential to provide localized water security.

                    Throughout the episode, Ulf Leonard emphasizes the critical role of education and awareness in fostering responsible water usage and management practices. He advocates empowering communities and encouraging a shift towards a more water-conscious mindset as catalysts for lasting change in combating the global water crisis.

                    Whether you're an environmental advocate, water professional, or someone deeply concerned about our planet's future, this engaging conversation offers a wealth of knowledge and thought-provoking perspectives on one of the most pressing challenges of our time. Tune in and join the quest for innovative water scarcity solutions.

                    What you'll hear in this episode:

                    • 💧 Exposing the gap between water conference proclamations and real-world action

                    • 🌍 Insights on decentralized water treatment technologies and nature-based solutions

                    • ⛲ Innovative rainwater harvesting techniques from around the world

                    • 💡 The role of education and awareness in fostering water conservation

                    • 💰 Financing water tech innovations and the impact on water security

                    • 🌊 Ulf Leonard's journey and passion for protecting natural assets like water and forests

                    • 🚰 Empowering local communities with accessible water management solutions

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                        39 min
                      • Fluid Intelligence with Eric Bindler from Bluefield Research

                        The water industry is in the midst of a digital transformation, powered by cutting-edge technologies that are reshaping how we manage this vital resource. From artificial intelligence and the Internet of Things (IoT) to advanced data analytics, the realm of digital water solutions is revolutionizing water conservation, distribution, and treatment.

                        At the forefront of this revolution is Eric Bindler, a Senior Research Director at Bluefield Research, who leads the firm's digital water research. Host, Ravi Kurani and Eric talk about his deep expertise in the field, Eric provides a comprehensive overview of the latest trends, challenges, and opportunities in the digital water landscape.

                        This thought-provoking episode delves into the broad spectrum of digital water technologies, from legacy systems like SCADA to emerging innovations like IoT and AI. Eric sheds light on innovative business models that are enabling utilities, especially small and mid-sized ones, to access cutting-edge digital solutions, overcoming resource constraints and technical expertise gaps.

                        Moreover, the discussion explores the critical role of cybersecurity in protecting water infrastructure from escalating cyber threats, as well as the impact of digital technologies on reducing the water industry's energy and climate footprints.


                        What you'll hear in this episode:

                        • The broad spectrum of digital water tech, from legacy systems to emerging innovations

                        • Innovative business models enabling utilities to access cutting-edge digital solutions

                        • Cybersecurity's critical role in protecting water infrastructure from escalating threats

                        • How digital tech reduces the water industry's energy and climate footprints

                        • Emerging water quality issues like PFAS and microplastics, and potential digital solutions

                        • Addressing the water industry's workforce challenges with digital tools

                        • Eric recommends you read ⁠The Death and Life of the Great Lakes

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                            48 min
                          • Water Treatment: Insights from Chris Morrison

                            In the ever-evolving world of water treatment, innovation is the driving force behind efficiency, sustainability, and cost-effectiveness. This captivating episode of the Liquid Assets podcast takes listeners on a remarkable journey through the lens of industry veteran Chris Morrison, exploring his illustrious career spanning decades at Nalco (now part of Ecolab) and his current role as the founder of Morrison Water.

                            From his early days at Nalco, where he championed groundbreaking technologies like reverse osmosis to drive significant energy and water savings, to his strategic account management approach that forged long-term partnerships with corporate clients worldwide, Chris shares his wealth of knowledge and experience. His insights shed light on the evolving landscape of water treatment, including the pressing challenge of PFAS (per- and polyfluoroalkyl substances) contamination and the critical need for effective remediation technologies.

                            Whether you're a water professional, industry stakeholder, or simply curious about the future of water treatment, this podcast episode offers a captivating exploration of the key trends, innovations, and sustainability initiatives shaping the industry. Join Ravi Kurani and Chris Morrison as they delve into the quest for efficient, cost-effective solutions to the world's water challenges, including novel chemistries, sensors, membranes, and cutting-edge water treatment approaches. Don't miss this opportunity to gain invaluable insights from a true pioneer in the field.

                            What you'll hear in this Water Treatment episode:

                            • How Nalco (now Ecolab) pioneered water efficiency and scale management solutions for manufacturing in the 1980s and 1990s.
                            • Veteran water expert Chris Morrison's journey from Nalco to founding Morrison Water - lessons and advice spanning decades in the industry
                            • The revolutionary impact of reverse osmosis membranes and Morrison's role in driving adoption for energy and water savings.
                            • Insights into strategic water treatment account management for long-term corporate partnerships and tailored solutions globally.
                            • Emerging innovations in water treatment like novel chemistries, IoT sensors, and advanced membrane technologies for sustainability.
                            • The widespread PFAS (per- and polyfluoroalkyl substances) contamination challenge and need for effective remediation technologies
                            • Chris recommends you read Who Moved My Cheese by Spencer Johnson

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                                44 min
                              • Harvesting Sky Water

                                "Every great movement must experience three stages "ridicule, discussion, and adoption". And right now, when it comes to harvesting invisible water from the sky, we are at the early stage"

                                What if we could harvest an unlimited supply of water from the sky itself, then purify and recycle it in a constant loop? On this mind-expanding episode of Liquid Assets, Professor Jeffrey Langholz shares his radical vision for solving the global water crisis through the ultimate decentralized system.

                                Langholz is a professor at the Middlebury Institute who has spent over 20 years studying sustainable management of precious natural resources like water, forests and fisheries worldwide. He paints a compelling picture of why our current centralized, pipeline-based model of water distribution is unsustainable across economic, environmental and social dimensions. But a local, circular model of pulling water from the air and continuously recycling it could mitigate crises like scarcity, pollution and climate impacts.

                                His bold four-part framework revolves around the Passive collection from rain, fog and dew, Active harvesting using atmospheric generators, Purifying graywater from sinks and laundry and Recycling blackwater from toilets. Langholz details cutting-edge examples of these technologies being piloted globally, from solar-powered generators to office towers recycling their wastewater.

                                He draws insightful parallels to how other utilities like electricity, telecoms and entertainment inevitably transitioned from centralized to decentralized, consumer-level systems. Is water simply the next utility ripe for that disruptive shift? While the idea may sound far-fetched today, so did concepts like streaming movies or ordering an Uber from your phone not long ago.

                                Whether you find Langholz's ideas ridiculous or inspiring, this fascinating discussion will make you rethink humanity's ancient relationship with our most precious resource. Join us for a glimpse of a future where households and businesses could be self-sustaining water microgrids - a bold new paradigm as revolutionary as any other game-changing technology.

                                What you'll learn in this episode:

                                • The Unsustainability of Our Current Water Systems: Why centralized water distribution is struggling on environmental, economic and social fronts.
                                • A Decentralized Model for Harvesting Skywater: The four pillars of Jeffrey's vision for hyper-local water collection, purification and recycling.
                                • Cutting-Edge Water Technologies: Real-world examples of fog harvesters, atmospheric generators, graywater recyclers and more.
                                • Parallels to Electricity, Telecoms and Movies Going Distributed: How water is following other disrupted utilities towards decentralization.
                                • Jeff recommends you read The World is Flat by Thomas Friedman

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                                    56 min
                                  • Water's History and Future

                                    Water is the lifeblood of human civilization – yet its critical importance is often overlooked. In this thought-provoking episode of Liquid Assets, host Ravi Kurani has an in-depth discussion with Peter Gleick about humanity’s past, present and future relationship with that precious resource.

                                    Peter is co-founder of the Pacific Institute and author of “The Three Ages of Water,” a sweeping look at how water enabled the growth of early agricultural societies, and led to major infrastructure in the industrial age, but also unintended consequences like pollution and scarcity. He argues we’re at a crossroads where solutions exist to major crises like persistent water poverty and ecological destruction, but lack the political will to implement them at scale towards a “third age” focused on efficiency and sustainability.

                                    Delving into his lifelong passion for environmental issues, Peter shares insights from decades of research on the inextricable links between water, climate, and society. He makes a compelling case that if we hope to build flourishing civilizations in the 21st century, we need a fundamentally more conscious and equitable approach to managing scarce freshwater resources. Tune in to hear solutions-focused ideas around everything from wastewater recycling to international governance reform. This is a clarion call to action for everyone from policymakers to scientists, business leaders, and citizens – our collective future depends on evolving our relationship with water.

                                    What you'll hear in this episode:

                                    • The Three Ages of Water in Human History: Peter outlines his concept of the three ages of water spanning early agricultural societies, the modern industrial revolution, and a potential sustainable future.
                                    • Water's Role in the Rise and Fall of Ancient Civilizations: Peter explores how harnessing water resources enabled the growth of early empires in places like the Indus Valley and Mesopotamia.
                                    • Unintended Consequences and Water Crises Today: Peter delves into major issues we now face including persistent water poverty, ecological destruction of rivers and wetlands, and conflicts driven by supplies.
                                    • Optimistic Solutions for the Future: Peter argues solutions exist for major water crises, but lack the political will and institutions to implement them at scale towards a sustainable "Third Age."
                                    • Peter recommends you watch the 1974 film Chinatown

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                                        38 min
                                      • Recycling Water, Transforming Cities

                                        As global populations expand rapidly, water demand is projected to exceed supply by over 30% in 20 years. Yet today, just 5% of wastewater is recycled worldwide, representing a massive lost opportunity. In this episode of Liquid Assets, Aaron Tartakovsky explains how his startup Epic Cleantec aims to catalyze a “water reuse revolution” to close this gap.

                                        Sitting with host Ravi Kurani, Aaron highlights the antiquated, centralized approach that has dictated water infrastructure design for over 200 years. With global urbanization accelerating and climate impacts intensifying, he makes the case that we need to transition toward more decentralized, distributed systems. Epic deploys advanced filtration systems to capture and treat wastewater within residential and commercial buildings themselves. Listen in to learn how their localized treatment model allows for onsite water recycling rates upwards of 95% for non-potable reuses.

                                        Beyond water provision, Aaron discusses how Epic’s systems also recover nutrients and energy from wastewater through soil amendments and heat capture. Tune in to hear how smart science communication helps combat public perceptions around water reuse. By taking a systems approach to the built environment, Aaron aims to showcase how we can build resilience into our water systems to ensure adequate supply for all, despite the environmental changes ahead.

                                        What you'll hear in this episode:

                                        • How decentralized water reuse systems can recycle over 95% of water within buildings themselves
                                        • The case for transitioning from antiquated centralized infrastructure to distributed models
                                        • How Epic's filtration process works to capture wastewater onsite and purify it for non-potable reuse
                                        • The unexpected benefits: nutrient & soil recovery and heat recapture from drains
                                        • The role of smart science communication to combat negative public perceptions
                                        • How a water reuse approach builds resilience amidst climate pressures
                                        • Why Aaron entered the industry lacking water expertise but found "naive" optimism to be an asset
                                        • How to embrace imposter syndrome and get comfortable not knowing the answers
                                        • How water infrastructure may transform by 2060 if decentralized systems scale
                                        • Aaron recommends you read Water 4.0

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                                            45 min

                                          About Liquid Assets

                                          From the publisher's feed

                                          From policy to profit, Liquid Assets uncovers the business and technological implications of water in a changing world.