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What Burning Man Can Teach Us About Stewardship and Long-Term Investing

What Burning Man Can Teach Us About Stewardship and Long-Term Investing

| July 20, 2026

The headlines about Burning Man usually focus on the art, the costumes, or the spectacle. Rarely do they focus on generators, batteries, solar arrays, or renewable fuels.

Perhaps they should.

This year, the Burning Man Project highlighted the progress it has made in reducing the carbon footprint of Black Rock City. More camps are powered by solar energy. Battery storage is replacing diesel generators. Renewable fuels are being adopted where practical. The organization estimates that these efforts have reduced its operational fossil fuel emissions by nearly half compared with what they otherwise would have been.

The obvious question is:

Why?

The answer isn't politics.

The answer is stewardship.

For nearly four decades, Burning Man has transformed an empty stretch of Nevada desert into a temporary city. But the desert itself is changing. Participants have experienced increasingly intense heat. The mud events of 2023 and 2025 reminded everyone how quickly nature can reshape even the best-laid plans.

Whether one attributes every weather event directly to climate change misses the larger point.

The environment in which Black Rock City exists is evolving.

Responsible leaders adapt.

That lesson extends far beyond the playa.

As a retirement plan advisor, I spend much of my career discussing risk. Most investors assume risk means stock market volatility. It certainly includes that, but it also includes risks that unfold gradually over decades.

Demographic change.

Technological disruption.

Geopolitical instability.

Climate.

The best investors don't simply react after risks become obvious. They ask difficult questions before everyone else does.

Burning Man is doing exactly that.

Its investments in renewable energy won't solve climate change by themselves. No one seriously argues otherwise.

But they accomplish something equally important.

They make the event quieter. Cleaner. More resilient. Less dependent on fuel deliveries. Better prepared for an uncertain future.

That is prudent management.

The same thinking applies to retirement portfolios.

When I evaluate investments, I don't ask whether a company sounds environmentally friendly.

I ask whether it understands the risks that are likely to shape its future.

How exposed is it to changing regulations?

How vulnerable are its operations to extreme weather?

What happens as insurance costs rise?

How will changing consumer preferences affect demand?

Can management adapt?

These are business questions before they are environmental questions.

Ignoring them doesn't make the risks disappear.

It simply means someone else may price those risks into the investment before you do.

One of the principles of Burning Man is Leave No Trace.

Most people think that means cleaning up your campsite.

I have come to think it means something larger.

Leave the place capable of supporting those who come after you.

That principle applies just as well to retirement planning.

The purpose of a 401(k) is not simply to accumulate wealth.

It is to leave participants with financial security and dignity after decades of work.

Likewise, the purpose of sustainable investing is not to make a political statement.

It is to recognize that companies operating in a changing world face changing risks—and that thoughtful investors should pay attention.

Burning Man's efforts won't change the planet overnight.

Neither will a single retirement portfolio.

But history is full of examples where meaningful change began with many people making thoughtful decisions, one at a time.

Stewardship has always been like that.

It is rarely dramatic.

It is often incremental.

And it almost always requires acting before the consequences become impossible to ignore.

The Parting Glass

Whether you are building a temporary city in the Black Rock Desert or helping employees prepare for retirement, the responsibility is remarkably similar.

Think beyond today.

Protect what matters.

Leave it better than you found it.

Because the future is shaped not only by the risks we cannot control, but by the ones we choose not to ignore.

Burn bright, now and always.