Tech
Why The World Is Running Out Of Soil
Critical topsoil is eroding at an alarming pace due to climate change and poor farming practices. The United Nations declared soil finite and predicted catastrophic loss within 60 years. The world needs soil for farming, water filtration, climate mitigation, ecosystem services, health care and more. The impact of soil degradation could total $23 trillion in losses of food, ecosystem services and income worldwide by 2050, according to the United Nations Convention to Combat Desertification. According to the UN, soil erosion may reduce up to 10 per cent of crop yields by 2050. That’s like removing millions of acres of farm land.
“There are places that have already lost all of their topsoil,” Jo Handelsman, author of “A World Without Soil,” and a professor at the University of Wisconsin-Madison, told CNBC.
“We have identified 10 soil threats in our global report … Soil erosion is number one because it’s taking place everywhere,” Ronald Vargas, the secretary of the Global Soil Partnership and Land and Water Officer at the Food and Agriculture Organization of the United Nations, told CNBC.
According to the U.N., soil erosion may reduce up to 10% of crop yields by 2050, which is the equivalent of removing millions of acres of farmland.
And when the world loses soil, food supply, clean drinking water and biodiversity are threatened.
What’s more, soil plays an important role in mitigating climate change.
Soil contains more than three times the amount of carbon in the earth’s atmosphere and four times as much in all living plants and animals combined, according to the Columbia Climate School.
“Soil is the habitat for over a quarter of the planet’s biodiversity. Each gram of soil contains millions of cells of bacteria and fungi that play a very important role in all ecosystem services,” Reza Afshar, chief scientist at the regenerative agriculture research farm at the Rodale Institute, told CNBC.
The Rodale Institute in Kutztown, Pennsylvania, is known as the birthplace of modern organic agriculture.
“The projects we do here are centered around improving and rebuilding soil health. We have a farming system trial that’s been running for 42 years,” Afshar said. It is the longest-running side-by-side comparison of organic and conventional grain cropping systems in North America.
The research has found regenerative, organic agriculture produces yields up to 40% higher during droughts, can earn farmers greater profits and releases 40% fewer carbon emissions than conventional agricultural practices.
How’s that possible? The Rodale Institute says it all starts with the soil.
“When we talk about healthy soil, we are talking about all aspects of the soil, chemical, physical and biological that should be in a perfect status to be able to produce healthy food for us,” Afshar said.
It’s critical, of course, because the world relies on soil for 95% of our food production. But that’s just the beginning of its importance.
“The good news is that we know enough to get to work,” Dianna Bagnall, a research soil scientist at the Soil Health Institute, told CNBC.
Watch the video above to learn more about why we’re facing a silent soil crisis, how soil can be saved and what that means for the world.
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Why The World Is Running Out Of Soil
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SpaceX is expected to go public at one of the richest IPO valuations in market history, with retail investors set to receive unusual access through platforms like Robinhood and Charles Schwab. CNBC spoke with five retail traders and investors about why they requested SpaceX IPO shares despite concerns over valuation, volatility, Elon Musk, Starlink, AI infrastructure, launch services and whether public-market buyers could become exit liquidity for early investors.
Chapters:
0:00 Introduction
1:36 Why this valuation is hard to judge
4:13 The short-term traders
6:55 The long-term believers
Produced by: Charlotte Morabito
Reporting by: Sean Conlon, Yun Li
Edited by: Andrea Miller, Macklin Fishman
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Shawn Baldin
Additional Footage: Getty Images
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Why Retail Investors Are Betting On SpaceX’s Massive IPO
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A year after Meta’s $14.3 billion bet on Alexandr Wang, the company finally has its first proprietary AI model, but remains behind OpenAI, Anthropic and Google. High-profile hires from rival labs made headlines, but so did layoffs, key departures, and a year of widespread internal conflict and low morale. With Meta’s stock down 19%, the pressure is now on Wang and Zuckerberg to prove the bet was worth it. CNBC’s Julia Boorstin explores what Meta is up against as it attempts to generate real revenue beyond ads.
Reporter: Julia Boorstin
Produced by: Stephen Desaulniers
Edited by: Andrew Evers
Animations: Jason Reginato
Senior Director of Video: Jeniece Pettitt
Additional Footage: Getty Images, Meta
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Big Challenges Ahead For Meta AI Chief Alexandr Wang After A Rocky First Year
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President Trump is set to travel to France for the upcoming G7 summit, which will take place from June 15-17. Markets will be watching for signs of stability as the summit takes place against the backdrop of the Iran war, the Russia-Ukraine war and tensions between the U.S. and Europe over tariffs. CNBC’s Megan Cassella breaks down what to expect from the summit.
Reporter: Megan Cassella
Produced by: Macklin Fishman, Ashlee Trujillo
Edited by: Andrea Miller
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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What To Expect From Trump’s Trip To The G7 Summit In France
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Retail brokerages are lining up to offer SpaceX shares to retail investors who are salivating to buy day one of trade. However, any investor who is thinking of flipping the stock and making a quick buck may want to think twice. Fidelity and Charles Schwab have implemented anti-flipping policies ahead of the historic IPO. CNBC’s Seema Mody analyzed other high-profile IPOs, and explains what is unique about SpaceX, to find out what to expect.
Reporter: Seema Mody
Produced by: Drew Troast
Edited by: Erin Black
Senior Director of Video: Jeniece Pettitt
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Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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SpaceX IPO: Here’s What Retail Investors Need To Know
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Despite a massive slowdown in EV adoption, Ford Motor is continuing to move forward with its next generation of EVs. Ford’s continued confidence, albeit at lower and slower rate than it previously projected, comes from its “Universal Electric Vehicle,” or UEV platform, which the company has developed from a clean-sheet design. Ford’s goal for UEV is to be profitable and cost-competitive with global EV leaders from China and Tesla. The UEV is expected to be critical to Ford transforming its Model e EV unit from billions of dollars in annual losses to breakeven by 2029. The company has said its future EVs will be profitable within a year of launching. The first planned product based on the UEV is a roughly $30,000 midsize pickup truck for the U.S. market next year, followed by a family of vehicles underpinned by the platform.
Produced by: Juhohn Lee
Reporting by: Michael Wayland
Camera by: Andrew Evers
Edited by: Natalie Rice
Senior Director of Video: Lindsey Jacobson
Additional Footage: Ford
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Ford’s $5 Billion Bet On Winning The EV War
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