Date(s) - 06/12/18
5:15 pm - 6:30 pm
Chicago Council on Global Affairs
Ernest J. Moniz, CEO, Energy Futures Initiative; Cecil and Ida Green Prof. of Physics and Eng. Emeritus, MIT; former US Secretary of Energy.
From shale gas to solar power, the US government has historically invested in the kinds of high-risk, high-reward energy projects that the private sector is loath to touch. Yet as the current administration’s recent attempts to eliminate the Department of Energy’s cutting-edge research arm ARPA-E demonstrate, this kind of investment is always precarious. The Trump Administration has proposed cutting R&D investment across the board at a time when countries like China and India double down on investment in clean energy and renewables. How can the United States maintain its global leadership position on energy innovation in the current political environment?
Ernest J. Moniz
CEO, Energy Futures Initiative; Cecil and Ida Green Prof. of Physics and Eng. Emeritus, MIT; former US Secretary of Energy
Ernest J. Moniz is currently chief executive officer of the Energy Futures Initiative and co-chairman and chief executive officer of the Nuclear Threat Initiative. He served as United States secretary of energy from May 21, 2013 to January 19, 2017. 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. Prior to his appointment, Moniz served on the Massachusetts Institute of Technology faculty from 1973 until becoming secretary of energy in 2013. At MIT, he headed the department of physics and the Bates Linear Accelerator Center. From 1997 until January 2001, Moniz served as under secretary of the department of energy. He was responsible for overseeing the department’s science and energy programs, leading a comprehensive review of nuclear weapons stockpile stewardship, and serving as the secretary’s special negotiator for the disposition of Russian nuclear materials. From 1995 to 1997, he served as associate director for science in the office of science and technology Policy in the executive office of the President.