Houston is the ninth worst U.S. metro for ozone pollution, but the future isn't foggy. Electric vehicles can improve air quality by 50 percent. Getty Images

Let's clear the air about Houston's air pollution: A recent report from the American Lung Association ranks Houston the ninth worst U.S. metro area for ozone pollution and the 17th worst in the broad category of long-term particle pollution.

Yet the future might not be so cloudy for Houston's atmosphere.

A newly published study in the journal Atmospheric Environment indicates that replacing at least 35 percent of Houston's gas- and diesel-powered cars and trucks with electric vehicles by 2040 could improve air quality by 50 percent. And if electric vehicles replaced 75 percent of traditional cars and trucks by 2040, air quality could improve by 75 percent, according to the study.

This conversion to electric vehicles would enable residents of the Houston area to "breathe easier, live longer, and enjoy a better economy," the researchers say.

"The population in 2040 Houston will see a huge increase, but we can apply new technology to reduce emissions, improve air quality, and think about health," says one of the researchers, Shuai Pan, a postdoctoral associate in civil and environmental engineering at Cornell University.

Pan earned a doctoral degree in atmospheric science from the University of Houston in 2017.

Kevin Douglass, president of the Houston Electric Auto Association, tells InnovationMap that the study does a good job of emphasizing "the alarming situation that Houston is in with reference to its air quality and how electrification of the transportation system is a … way to improve the bad-air-quality situation."

The nonprofit Houston Electric Auto Association comprises EV owners, hobbyists, educators, and enthusiasts who promote the benefits of these vehicles.

Douglass says he's confident about the progression of the EV evolution in Houston.

"It only took a decade to go from horse-drawn carriage to automobile in the U.S.," he says. "One and a half decades from now, in 2035, at least half of the cars on the road will be electric. Thirty years from now, the vast majority of vehicles will be electric and autonomous."

Houston — which the nonprofit Smart Energy Consumer Collaborative praises as one of the 10 friendliest U.S. cities for EVs — already is on the road toward enhancing air quality by putting more electric vehicles (EVs) on the road. In fact, a 2018 report from the Environment Texas Research and Policy Center predicts the number of EVs in Houston will rise to 65,000 by 2030.

An estimated 9,500 EVs were being driven by Houston motorists in 2018, according to a presentation given in May by Michael Conklin, external engagement manager at Houston-based utility CenterPoint Energy. And by 2028, that number could reach 110,000, the presentation says.

"Electric cars aren't the future — they're already here, and they work," Douglass said in 2018. "As more people learn about them, they will enjoy owning and driving them."

Among Houston's highest-profile EV champions is Mayor Sylvester Turner, who's leading the charge to shift the city-owned fleet away from traditional vehicles and toward hybrids and EVs.

"Transportation is responsible for 48 percent of Houston's greenhouse gas emissions — the highest per capita of all U.S. cities — and something we must address to move our city forward," Turner, co-chair of the Climate Mayors organization, said in 2018.
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New Texas Stock Exchange officially begins trading in Dallas

Welcome to Y'all Street

Two-step aside, New York Stock Exchange and Nasdaq. The Dallas-based Texas Stock Exchange, nicknamed Y’all Street, just kicked off live trading with five stocks — and lots of Lone Star ambition.

“The Texas Stock Exchange aims to revitalize competition for [stock] issuers, establish the premier venue for listings, and create a world-class trading platform for all market participants,” the exchange says in a fact sheet.

The exchange — whose Texas-influenced nickname is a nod to New York City’s Wall Street — has collected at least $275 million in investments. The roughly 90 financial backers of TXSE include Bank of America, BlackRock, Charles Schwab, Citadel Securities, Dell Family Office, Fortress, Goldman Sachs, and JPMorgan Chase.

Representatives of TXSE couldn’t be reached for comment. On its website, the exchange calls itself “the most well-capitalized equities exchange to ever be approved” by the U.S. Securities and Exchange Commission (SEC).

Not to be outdone, NYSE has launched Dallas-based NYSE Texas and Nasdaq has expanded its presence in Dallas.

Y’all Street adds to Dallas-Fort Worth’s rising status as a major hub for financial services, with The Wall Street Journal naming North Texas the country’s second biggest financial hub after New York City.

“A homegrown national exchange means more jobs, more investment, and more growth opportunities for businesses and communities across the Lone Star State,” Gabriela von zur Muehlen, senior vice president and chief policy officer at the Texas Association of Business, told The Texas Tribune.

Bulent Temel, an associate professor of practice in economics at the University of Texas at San Antonio, told Texas Standard that TXSE “is going to boost the credibility of the Texas economy.”

Texas’ estimated gross domestic product (GDP), a yardstick for the size of an economy, climbed to a record-setting $2.9 trillion in 2025, making it the state with the second highest GDP after California. DFW’s estimated GDP in 2023 stood at $744.6 billion, eclipsing the GDP of many countries.

“The center of gravity for American capitalism is now headquartered in the Boom Belt,” Abbott proclaimed in April, referring to an 11-state region (including Texas) in the South and Southeast that’s seeing tremendous economic and population growth. “The Texas Stock Exchange is the natural extension of that capitalism. It ensures that capital markets will reflect the quadrant that is driving American growth.”

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This article originally appeared on CultureMap.com.

Orion vehicle manager reflects on Artemis II, looks to 2028 moon mission

Q&A

Humanity is finally headed back to the moon after more than half a century. This year's launch of the Artemis II mission in the Orion spacecraft put four crew members in lunar orbit and tested the new ship developed by Lockheed Martin.

Everything went smoothly, safely returning astronauts home, but there is always room to improve. InnovationMap chatted via email with Orion vehicle manager Branelle Rodriguez, shortly after a talk at The Ion, for insight on how Orion might perform in the future as the next lunar landing approaches in early 2028.

InnovationMap: How satisfied are you with the way Orion operated on this past mission?

Branelle Rodriguez: Orion performed exceptionally well during Artemis II, successfully demonstrating critical spacecraft capabilities, including life support systems, displays and controls, and executing manual piloting operations. Artemis II brought humans back to the moon, achieving key exploration and scientific imagery, while validating systems essential for future Artemis missions.

IM: What is the most important thing you learned about improving Orion for the next mission?

BR: The Artemis II mission provided invaluable insights into crew operations and spacecraft performance in a deep-space environment. With every mission, NASA applies lessons learned to continuously improve Orion’s operations, validate design and ensure mission readiness. Artemis II offered our first opportunity to evaluate several new systems and gain a deeper understanding of what it is like for astronauts to live and work inside the spacecraft. The operational, technical and human factors data collected are being integrated across the program to refine future missions, reduce risk and enhance overall mission success.

IM: How has Orion helped the mission to explore space?

BR: Orion is one of NASA’s foundational elements for human deep space exploration—not only supporting the mission but serving as a core component of it. It is currently the only spacecraft capable of carrying crew on deep space missions and returning them safely to Earth from the high speeds required from the vicinity of the moon. No other spacecraft has the technology to endure the extremes that come with human deep-space travel, such as advanced environmental and life support, navigation, communications, radiation shielding, and the world’s largest ablative heat shield to protect the astronauts during reentry into Earth’s atmosphere. Orion has already taken astronauts to explore space farther than ever before—252,756 miles from Earth— and will carry crews to the moon on future missions to explore the lunar South Pole region. The astronauts’ observations, samples, and data collected on these future missions will expand our understanding of our solar system and home planet.

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This conversation has been edited for brevity and clarity.

Houston VC funding nears $1B in first half of 2026, report says

by the numbers

Despite a weak second quarter, venture capital funding for Houston-area startups approached $1 billion in the first half of 2026, the region’s highest first-half total since 2022, according to the latest PitchBook-NVCA Venture Monitor.

This year’s first-half total of $962.4 million represented a nearly 8 percent increase over last year’s first-half total of $891.7 million. Dating back to 2016, this year’s first-half haul lags behind only 2021 and 2022 for the most first-half funding.

Houston’s year-over-year VC jump of 73 percent in the first quarter of 2026 more than made up for the year-over-year drop of 34 percent in the second quarter of 2026, according to the report.

Deal count tells a more encouraging story: Houston startups closed 102 deals in the first half, up from 93 a year earlier and the region’s busiest first half since 2022. However, the average deal size shrank, as no single funding source dominated the total.

Keep in mind that PitchBook and NVCA routinely revise quarterly numbers upward to reflect deals that were reported after a previous quarter’s data was published. So, in the case of Houston, numbers initially reported for the first quarter of 2026 may not match newly reported numbers.

Perhaps the most notable Houston-area deal announced in the first half of this year was Cart.com’s $180 million growth equity investment, led by Springcoast Partners. Cart.com is an e-commerce platform and logistics provider.

PitchBook-NVCA data shows Houston’s VC activity is growing modestly, delivering better numbers in the first half of 2026 versus 2024 and 2025, but it still sits below the highs of 2021 and 2022. This is one sign that so far in 2026, the national VC boom isn’t benefiting non-hub markets like Houston the way it’s boosting some hub markets, especially Silicon Valley and New York City.

Nationwide, AI dominated VC funding in the first half of this year. The sector made up 86 percent of VC from January through June. The report notes that the markets have still struggled to unlock IPOs, with SpaceX being the biggest exception, and few M&A deals outside health care have been significant.