“The challenge for humanity now is how to decarbonize the global economy by 2050. To do that, we need a supercharged decade of energy innovation,” said Ernest J. Moniz, the Cecil and Ida Green Professor of Physics and Engineering Systems Emeritus, founding director of the MIT Energy Initiative, and a former U.S. secretary of energy, as he opened the MIT Forefront virtual event on April 21. “But we also need practical visionaries, in every economic sector, to develop new business models that allow them to remain profitable while achieving the zero-carbon emissions.”
The event, “Addressing Climate and Sustainability through Technology, Policy, and Business Models,” was the third in the MIT Forefront series, which invites top minds from the worlds of science, industry, and policy to propose bold new answers to urgent global problems. Moniz moderated the event, and more than 12,000 people tuned in online.
MIT and other universities play an important role in preparing the world’s best minds to take on big climate challenges and develop the technology needed to advance sustainability efforts, a point illustrated in the main session with a video about Via Separations, a company supported by MIT’s The Engine. Co-founded by Shreya Dave ’09, SM ’12, PhD ’16, Via Separations customizes filtration technology to reduce waste and save money across multiple industries. “By next year, we are going to be eliminating carbon dioxide emissions from our customers’ facilities,” Dave said.
Via Separations is one of many innovative companies born of MIT’s energy and climate initiatives — the work of which, as the panel went on to discuss, is critical to achieving net-zero emissions and deploying successful environmental sustainability efforts. As Moniz put it, the company embodies “the spirit of science and technology in action for the good of humankind” and exemplifies how universities and businesses, as well as technology and policy, must work together to make the best environmental choices.
How businesses confront
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