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Richard Muscat
Climate podcaster, entrepreneur, and advisor
Richard Muscat is an entrepreneur, podcast host, and climate action advocate known for his work in climate entrepreneurship through the Fatal Error blog.
His educational background includes an M.A. from the Edward de Bono Institute, a B.Sc. (Hons.) from the University of Malta, and participation in programs at Malta Enterprise / InvestorNet.
With a diverse career, Richard has founded multiple ventures such as Carbon Custodians, Climate Pulse, and Fatal Error.
His professional journey also includes roles such as Director of Marketing at Close, Growth & Marketing Lead at Automattic (Jetpack), Programme Manager at Redgate Software, Head of User Experience, User Experience Specialist, and Management Consultant at Redgate Software.
Additionally, he has held positions like Senior Web Specialist at Uniblue Systems Ltd, Creative Director at Startup Malta Foundation for Entrepreneurship, and Software Engineer / Graphic Designer at Socratxt and StartMarketing Ltd.
Richard Muscat has a wide range of experience in software engineering, graphic design, user experience, and entrepreneurship, making him a versatile professional in the tech industry.
Highlights
I am not stupid.
It's easy to feel stupid when you listen to investors, financiers, and VCs talk. To start with, the sheer volume of jargon and acronyms thrown at you in just the most basic of presentations is overwhelming. The complexity of financial models, legalese, and convoluted documentation is even worse.
In #climate and #impact investment it is worse.
This week I sat through four separate talks or events on the topic. The regular complexity of the #VC world takes on an additional layer of jargon that talks about #sustainability — some taken directly from scientific patois and some recently invented to make impact work "fit" with #capitalism. Terms like "Climate Performance Potential" or "Total Addressable Carbon".
It is very easy to feel stupid in these contexts.
And as a consequence, its very easy to think that they have the answers. That the money being invest into "impact" is doing its job and that the system that is deeply responsible for our current set of crises has figured out a way to get us out of them by using the same set of principles and mindsets that got us into them in the first place.
But here are two things VCs don't like to talk about.
The first, is that they are pretty bad at their job. There is ample evidence for this. To quote Forbes: "Most VCs do poorly because early stage VCs fail on 80% of their ventures and there are few home runs to offset the many failures." And other research indicates that "a random portfolio will outperform most VC funds." (https://lnkd.in/dc43FWxc)
A random portfolio does better and an 80% failure rate.
Those are not good enough odds on which to bet solving an existential crisis.
The second this is this. All of the metrics, equations, acronyms, measurements, disclosures, and due diligences being applied to measure "climate impact" are almost uniformly applied towards making things "slightly less bad".
Less emissions compared to what we would have emitted. Slightly less horrific mining conditions. A little less waste dumped in the wrong place.
Hardly any of this approaches the required level of #regeneration.
The language and the complexity are there to obfuscate that fact that in fact, it is really really quite simple: You are either acting ethically and sustainably or you're not.
It's time to unfck VC if we are to unfck the planet.
#degrowth #BadAtMonopoly
Photo by Егор Камелев on Unsplash
How do you unf*ck the planet?
As I've been enjoying a summer break travelling by train across Europe and spending time in Malta I keep coming back to how badly we have damaged our ecosystems, our neighbours, and ourselves.
A bay I remember thriving with octopus, sea urchins, and crabs now has more boats than fish. A lonely ray, one eel, one mussel. 89 boats.
Skylines over which you could once see the sun rise behind rocky garigue are now clogged with ugly flats, half abandoned as taller blocks rise up behind the ones "blocking the view".
And this is just one tiny island.
The scale of the #regeneration needed is unbelievable and daunting.
Which is why, as I am preparing to share some new projects in September, I am keen to express my gratitude and very candidly promote some educational programmes that I am particularly indebted to.
The first is RegenIntel.
Their Foundations course is (literally) a series of masterclasses in an exceptional gamut of regenerative solutions and topics. There is a practical orientation that I absolutely loved and spending time in person with people like Chad, Mamta, and Ryan, some of the Project Drawdown founders, was literally priceless.
Apply here: https://lnkd.in/d7eZ-7_u
The second is (re)Biz, and in particular their Project Tipping Point course. Led by Erin, Ryan, and Kasper this was a transformative experience on an emotional level without which I don't think I would have found a strong orientation. They combine spirituality with indigenous knowledge and political theory in a manner I've not seen elsewhere.
Apply here: https://lnkd.in/dPe2f6pV
I went into these courses feeling very skeptical, having seen a lot of unseemly behaviour in the #climate and #impact space.
And I am still skeptical of magical solutions.
But what I found with these courses — and more importantly with these communities — was a space to openly talk and debate even the most thorny of issues.
I tend to be #degrowth aligned. I still am. I had great conversations in these spaces with people who are as far off politically or emotionally as it is possible to be while still wanting to be a climate solutionist.
That is something I've experienced in very few places. And I feel all the better for it. Stronger in my arguments, and better at understanding other points of view.
Photo by Krzysztof Niewolny on Unsplash
#badatmonopoly
