SOURCE: MIT Enterprise Forum of Cambridge

MIT Enterprise Forum of Cambridge

December 01, 2009 12:27 ET

MIT Enterprise Forum of Cambridge Presents "Cracking the Carbon Equation"

Session to Feature Keynote by Tony Meggs, Senior Member of MIT Energy Initiative

CAMBRIDGE, MA--(Marketwire - December 1, 2009) - On December 9, the MIT Enterprise Forum of Cambridge will present a session on how to achieve a sustainable future by overcoming the challenges of greenhouse gas admissions. The session will feature a keynote presentation by Tony Meggs, senior member of the MIT Energy Initiative, to discuss factors involved in reducing carbon emissions. Meggs will share insights on technologies used to capture and re-use CO2, as well as opportunities to develop financing and trading strategies based on carbon assets.

Following Meggs' presentation, a panel of experts will discuss the management of carbon as an asset, carbon capture and sequestration, and expanding use of CO2 to develop polymers and specialty chemicals. The panel will be moderated by Jim Matheson, general partner at Flagship Ventures.

Also happening on Wednesday, the MIT Energy Club will present a panel to take a deep dive into carbon capture and sequestration. The panel will feature Howard Herzog, Ruben Juanes and John Reilly from MIT, and Joseph Chaisson from the Clean Air Task Force. The session will take place from 2:30 - 4:30 p.m. in MIT Building 66 (Landau Building), Room 66-110 at 25 Ames Street, Cambridge.

Keynote speaker:

Tony Meggs is a senior member of the MIT Energy Initiative and co-chair of a study on the future of natural gas. Meggs recently retired as group VP for technology at BP, a position he held since 2001. At BP, Meggs oversaw substantial increases in technology activity and an increasing focus on the longer term, including the commitment of $500 million to the creation of an energy biology institute. His career with BP began in Prudhoe Bay, Alaska, where he was the reservoir engineering supervisor with Sohio in the mid-1980s.


Josh Green is co-founder and CEO at Verdeo Group, a leading player in CO2 asset management. Previously, he was VP and director of Latin America at Climate Change Capital, where he was responsible for developing and managing a portfolio of carbon investments for the firm's $1 billion carbon fund. Prior, Green served as COO of the Massachusetts Renewable Energy Trust, a $150 million clean energy fund.

Dr. Kurt House is co-founder, president and chief scientist at C12, a venture-backed alternative energy company. A fellow at MIT, House studies and develops methods for large-scale capture and storage of human-made carbon dioxide. He recently patented electrochemical weathering, a novel process that expedites the ocean's natural ability to absorb carbon dioxide and can be used to produce carbon negative commodities, such as hydrogen, chlorine and cement.

Jim Mahoney is CEO of Novomer, a new materials company pioneering green plastics, polymers and other chemicals. Mahoney has spent more than 20 years at the executive level in biotechnology, healthcare and specialty chemicals companies and was most recently CEO at Surface Logix. Prior to that, Mahoney held senior executive positions at Dade Behring Inc., Baxter International and FMC Corporation.

David O'Connor is SVP for the Energy and Clean Technology division of ML Strategies. O'Connor currently serves on several professional and philanthropic boards, including the board of directors of the Environmental Business Council of New England and the governing board of the Massachusetts Ocean Partnership at the University of Massachusetts. Most recently, he served as the Massachusetts Commissioner of Energy Resources from 1995 through 2007.

Jim Matheson joined Flagship Ventures in 2000 and focuses on creating and funding new ventures in the sustainability, clean technology and special technologies arenas. Jim earned an MBA from The Harvard Business School, a Bachelor of Science with honors from the United States Naval Academy and retired as a Commander in the U.S. Naval Reserves.

When: Wednesday, December 9, 2009

     5:30 p.m.: Networking
     6:15-8:00 p.m.: Program
     8:00-9:00 p.m.: Networking reception

Where: MIT Stata Center (Building 32), Kirsch Auditorium, 32 Vassar St., Cambridge

Registration and information:

Pricing: Forum members: $25, Non-members: $40, MIT staff: $25. Students from all universities are free with valid ID. Pre-registration is encouraged.

Contact Information

    Trish Fleming
    MIT Enterprise Forum of Cambridge
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    Brad Baker (for MIT Enterprise Forum)
    CHEN PR, Inc.
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