Carbon Clean has announced that Ernest J. Moniz, former U.S. Secretary of Energy, has joined as an advisor to its Board of Directors.
Moniz, the founder of strategic advisory firm EJM Associates, will guide the company on its strategy to become a leading player in the low-carbon transition.
“Carbon capture is central to a robust climate response – decarbonizing power plants and industrial facilities, enabling hydrogen production and atmospheric carbon dioxide removal,” said Moniz. “Ramping up deployment now is crucial and innovating in cost-reducing carbon capture technology is a key. I’m pleased to be advising Carbon Clean at this critical time for industrial decarbonization.”
Moniz served as U.S. Secretary of Energy from 2013-2017 under President Barack Obama, and was a key architect of the Paris Agreement on climate action. As Secretary of Energy, he was tasked with implementing critical Department of Energy missions in support of President Obama’s goals of growing the economy, enhancing security and protecting the environment.
Aniruddha Sharma, CEO and Co-founder of Carbon Clean said: “Ernest Moniz is incredibly knowledgeable and respected for his work on innovation in energy and will be a huge asset to Carbon Clean as we build on our projects pipeline and delivery partnerships in North America. His appointment as advisor represents a huge vote of confidence in our approach.”
Sharma adds that Carbon Clean is rapidly expanding in North America building on its established reputation as a provider of cost-effective carbon capture technology having raised $30 million investment from major corporations including Chevron Technology Ventures and funds like WAVE Equity Partners over the last 15 months. It is also working with key US partners to develop innovative solutions including the U.S. Department of Energy, BayoTech, CEMEX, the Gas Technology Institute, and the National Carbon Capture Center.