Ernest Moniz from the Massachusetts Institute of Technology (MIT) is a carbon capture expert and will join MIT's carbon management company Ernest McDonald
Ernest J. Moniz, the former US secretary of energy and a professor emeritus at MIT, has been hired as an adviser to the board of Carbon Clean Solutions Ltd., formerly based in New York City and its backers include Boston-based WAVE Equity Partners.
Moniz, who served as energy secretary from 2013 to 2017, will assist the London-based firm as it develops a new generation of carbon capture systems and seeks to expand in the United States.
Carbon Clean's co-founder and chief executive Aniruddha Sharma stated in a recent interview that "Mr. Moniz has years of experience guiding new technology to scale." He understands the American market very well..
Carbon Cleans technology is used to capture carbon dioxide a greenhouse gas that is contributing to global warming at steel and cement plants, refineries, and waste incinerators. Sharma said the firm, which was founded in 2009, has raised $45 million from investors including Chevron Technology Ventures and WAVE Equity.
The business has three projects in the United States, including one that is funded in part by the Department of Energy. It has offices in Houston and Chicago.
Carbon capture is critical to a robust climate response decarbonizing power plants and industrial facilities, allowing hydrogen production and atmospheric carbon dioxide removal," Moniz stated in .
Moniz is a special adviser to MITs president at the university, where he joined the faculty in 1973. EJM Associates, a Washington, D.C.-based strategic advisory firm, is led by his father, who is E.J.M. Associates' CEO and founder.