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    Tracking US progress on the path to a decarbonized economy

    Investments in new technologies and infrastucture that help reduce greenhouse gas emissions — everything from electric vehicles to heat pumps — are growing rapidly in the United States. Now, a new database enables these investments to be comprehensively monitored in real-time, thereby helping to assess the efficacy of policies designed to spur clean investments and address climate change.

    The Clean Investment Monitor (CIM), developed by a team at MIT’s Center for Energy and Environmental Policy Research (CEEPR) led by Institute Innovation Fellow Brian Deese and in collaboration with the Rhodium Group, an independent research firm, provides a timely and methodologically consistent tracking of all announced public and private investments in the manufacture and deployment of clean technologies and infrastructure in the U.S. The CIM offers a means of assessing the country’s progress in transitioning to a cleaner economy and reducing greenhouse gas emissions.

    In the year from July 1, 2022, to June 30, 2023, data from the CIM show, clean investments nationwide totaled $213 billion. To put that figure in perspective, 18 states in the U.S. have GDPs each lower than $213 billion.

    “As clean technology becomes a larger and larger sector in the United States, its growth will have far-reaching implications — for our economy, for our leadership in innovation, and for reducing our greenhouse gas emissions,” says Deese, who served as the director of the White House National Economic Council from January 2021 to February 2023. “The Clean Investment Monitor is a tool designed to help us understand and assess this growth in a real-time, comprehensive way. Our hope is that the CIM will enhance research and improve public policies designed to accelerate the clean energy transition.”

    Launched on Sept. 13, the CIM shows that the $213 billion invested over the last year reflects a 37 percent increase from the $155 billion invested in the previous 12-month period. According to CIM data, the fastest growth has been in the manufacturing sector, where investment grew 125 percent year-on-year, particularly in electric vehicle and solar manufacturing.

    Beyond manufacturing, the CIM also provides data on investment in clean energy production, such as solar, wind, and nuclear; industrial decarbonization, such as sustainable aviation fuels; and retail investments by households and businesses in technologies like heat pumps and zero-emission vehicles. The CIM’s data goes back to 2018, providing a baseline before the passage of the legislation in 2021 and 2022.

    “We’re really excited to bring MIT’s analytical rigor to bear to help develop the Clean Investment Monitor,” says Christopher Knittel, the George P. Shultz Professor of Energy Economics at the MIT Sloan School of Management and CEEPR’s faculty director. “Bolstered by Brian’s keen understanding of the policy world, this tool is poised to become the go-to reference for anyone looking to understand clean investment flows and what drives them.”

    In 2021 and 2022, the U.S. federal government enacted a series of new laws that together aimed to catalyze the largest-ever national investment in clean energy technologies and related infrastructure. The Clean Investment Monitor can also be used to track how well the legislation is living up to expectations.

    The three pieces of federal legislation — the Infrastructure Investment and Jobs Act, enacted in 2021, and the Inflation Reduction Act (IRA) and the CHIPS and Science Act, both enacted in 2022 — provide grants, loans, loan guarantees, and tax incentives to spur investments in technologies that reduce greenhouse gas emissions.

    The effectiveness of the legislation in hastening the U.S. transition to a clean economy will be crucial in determining whether the country reaches its goal of reducing greenhouse gas emissions by 50 percent to 52 percent below 2005 levels in 2030. An analysis earlier this year estimated that the IRA will lead to a 43 percent to 48 percent decline in economywide emissions below 2005 levels by 2035, compared with 27 percent to 35 percent in a reference scenario without the law’s provisions, helping bring the U.S. goal closer in reach.

    The Clean Investment Monitor is available at cleaninvestmentmonitor.org. More

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    Technologies for water conservation and treatment move closer to commercialization

    The Abdul Latif Jameel Water and Food Systems Lab (J-WAFS) provides Solutions Grants to help MIT researchers launch startup companies or products to commercialize breakthrough technologies in water and food systems. The Solutions Grant Program began in 2015 and is supported by Community Jameel. In addition to one-year, renewable grants of up to $150,000, the program also matches grantees with industry mentors and facilitates introductions to potential investors. Since its inception, the J-WAFS Solutions Program has awarded over $3 million in funding to the MIT community. Numerous startups and products, including a portable desalination device and a company commercializing a novel food safety sensor, have spun out of this support.

    The 2023 J-WAFS Solutions Grantees are Professor C. Cem Tasan of the Department of Materials Science and Engineering and Professor Andrew Whittle of the Department of Civil and Environmental Engineering. Tasan’s project involves reducing water use in steel manufacturing and Whittle’s project tackles harmful algal blooms in water. Project work commences this September.

    “This year’s Solutions Grants are being award to professors Tasan and Whittle to help commercialize technologies they have been developing at MIT,” says J-WAFS executive director Renee J. Robins. “With J-WAFS’ support, we hope to see the teams move their technologies from the lab to the market, so they can have a beneficial impact on water use and water quality challenges,” Robins adds.

    Reducing water consumption by solid-state steelmaking

    Water is a major requirement for steel production. The steel industry ranks fourth in industrial freshwater consumption worldwide, since large amounts of water are needed mainly for cooling purposes in the process. Unfortunately, a strong correlation has also been shown to exist between freshwater use in steelmaking and water contamination. As the global demand for steel increases and freshwater availability decreases due to climate change, improved methods for more sustainable steel production are needed.

    A strategy to reduce the water footprint of steelmaking is to explore steel recycling processes that avoid liquid metal processing. With this motivation, Cem Tasan, the Thomas B. King Associate Professor of Metallurgy in the Department of Materials Science and Engineering, and postdoc Onur Guvenc PhD created a new process called Scrap Metal Consolidation (SMC). SMC is based on a well-established metal forming process known as roll bonding. Conventionally, roll bonding requires intensive prior surface treatment of the raw material, specific atmospheric conditions, and high deformation levels. Tasan and Guvenc’s research revealed that SMC can overcome these restrictions by enabling the solid-state bonding of scrap into a sheet metal form, even when the surface quality, atmospheric conditions, and deformation levels are suboptimal. Through lab-scale proof-of-principle investigations, they have already identified SMC process conditions and validated the mechanical formability of resulting steel sheets, focusing on mild steel, the most common sheet metal scrap.

    The J-WAFS Solutions Grant will help the team to build customer product prototypes, design the processing unit, and develop a scale-up strategy and business model. By simultaneously decreasing water usage, energy demand, contamination risk, and carbon dioxide burden, SMC has the potential to decrease the energy need for steel recycling by up to 86 percent, as well as reduce the linked carbon dioxide emissions and safeguard the freshwater resources that would otherwise be directed to industrial consumption. 

    Detecting harmful algal blooms in water before it’s too late

    Harmful algal blooms (HABs) are a growing problem in both freshwater and saltwater environments worldwide, causing an estimated $13 billion in annual damage to drinking water, water for recreational use, commercial fishing areas, and desalination activities. HABs pose a threat to both human health and aquaculture, thereby threatening the food supply. Toxins in HABs are produced by some cyanobacteria, or blue-green algae, whose communities change in composition in response to eutrophication from agricultural runoff, sewer overflows, or other events. Mitigation of risks from HABs are most effective when there is advance warning of these changes in algal communities. 

    Most in situ measurements of algae are based on fluorescence spectroscopy that is conducted with LED-induced fluorescence (LEDIF) devices, or probes that induce fluorescence of specific algal pigments using LED light sources. While LEDIFs provide reasonable estimates of concentrations of individual pigments, they lack resolution to discriminate algal classes within complex mixtures found in natural water bodies. In prior research, Andrew Whittle, the Edmund K. Turner Professor of Civil and Environmental Engineering, worked with colleagues to design REMORA, a low-cost, field-deployable prototype spectrofluorometer for measuring induced fluorescence. This research was part of a collaboration between MIT and the AMS Institute. Whittle and the team successfully trained a machine learning model to discriminate and quantify cell concentrations for mixtures of different algal groups in water samples through an extensive laboratory calibration program using various algae cultures. The group demonstrated these capabilities in a series of field measurements at locations in Boston and Amsterdam. 

    Whittle will work with Fábio Duarte of the Department of Urban Studies and Planning, the Senseable City Lab, and MIT’s Center for Real Estate to refine the design of REMORA. They will develop software for autonomous operation of the sensor that can be deployed remotely on mobile vessels or platforms to enable high-resolution spatiotemporal monitoring for harmful algae. Sensor commercialization will hopefully be able to exploit the unique capabilities of REMORA for long-term monitoring applications by water utilities, environmental regulatory agencies, and water-intensive industries.  More

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    Alumnus’ thermal battery helps industry eliminate fossil fuels

    The explosion of renewable energy projects around the globe is leading to a saturation problem. As more renewable power contributes to the grid, the value of electricity is plummeting during the times of day when wind and solar hit peak productivity. The problem is limiting renewable energy investments in some of the sunniest and windiest places in the world.

    Now Antora Energy, co-founded by David Bierman SM ’14, PhD ’17, is addressing the intermittent nature of wind and solar with a low-cost, highly efficient thermal battery that stores electricity as heat to allow manufacturers and other energy-hungry businesses to eliminate their use of fossil fuels.

    “We take electricity when it’s cheapest, meaning when wind gusts are strongest and the sun is shining brightest,” Bierman explains. “We run that electricity through a resistive heater to drive up the temperature of a very inexpensive material — we use carbon blocks, which are extremely stable, produced at incredible scales, and are some of the cheapest materials on Earth. When you need to pull energy from the battery, you open a large shutter to extract thermal radiation, which is used to generate process heat or power using our thermophotovoltaic, or TPV, technology. The end result is a zero-carbon, flexible, combined heat and power system for industry.”

    Antora’s battery could dramatically expand the application of renewable energy by enabling its use in industry, a sector of the U.S. economy that accounted for nearly a quarter of all greenhouse gas emissions in 2021.

    Antora says it is able to deliver on the long-sought promise of heat-to-power TPV technology because it has achieved new levels of efficiency and scalability with its cells. Earlier this year, Antora opened a new manufacturing facility that will be capable of producing 2 megawatts of its TPV cells each year — which the company says makes it the largest TPV production facility in the world.

    Antora’s thermal battery manufacturing facilities and demonstration unit are located in sun-soaked California, where renewables make up close to a third of all electricity. But Antora’s team says its technology holds promise in other regions as increasingly large renewable projects connect to grids across the globe.

    “We see places today [with high renewables] as a sign of where things are going,” Bierman says. “If you look at the tailwinds we have in the renewable industry, there’s a sense of inevitability about solar and wind, which will need to be deployed at incredible scales to avoid a climate catastrophe. We’ll see terawatts and terawatts of new additions of these renewables, so what you see today in California or Texas or Kansas, with significant periods of renewable overproduction, is just the tip of the iceberg.”

    Bierman has been working on thermal energy storage and thermophotovoltaics since his time at MIT, and Antora’s ties to MIT are especially strong because its progress is the result of two MIT startups becoming one.

    Alumni join forces

    Bierman did his masters and doctoral work in MIT’s Department of Mechanical Engineering, where he worked on solid-state solar thermal energy conversion systems. In 2016, while taking course 15.366 (Climate and Energy Ventures), he met Jordan Kearns SM ’17, then a graduate student in the Technology and Policy Program and the Department of Nuclear Science and Engineering. The two were studying renewable energy when they began to think about the intermittent nature of wind and solar as an opportunity rather than a problem.

    “There are already places in the U.S. where we have more wind and solar at times than we know what to do with,” Kearns says. “That is an opportunity for not only emissions reductions but also for reducing energy costs. What’s the application? I don’t think the overproduction of energy was being talked about as much as the intermittency problem.”

    Kearns did research through the MIT Energy Initiative and the researchers received support from MIT’s Venture Mentoring Service and the MIT Sandbox Innovation Fund to further explore ways to capitalize on fluctuating power prices.

    Kearns officially founded a company called Medley Thermal in 2017 to help companies that use natural gas switch to energy produced by renewables when the price was right. To accomplish that, he combined an off-the-shelf electric boiler with novel control software so the companies could switch energy sources seamlessly from fossil fuel to electricity at especially windy or sunny times. Medley went on to become a finalist for the MIT Clean Energy Prize, and Kearns wanted Bierman to join him as a co-founder, but Bierman had received a fellowship to commercialize a thermal energy storage solution and decided to pursue that after graduation.

    The split ended up working out for both alumni. In the ensuing years, Kearns led Medley Thermal through a number of projects in which gradually larger companies switched from relying on natural gas or propane sources to renewable electricity from the grid. The work culminated in an installment at the Jay Peak resort in Vermont that Kearns says is one of the largest projects in the U.S. using renewable energy to produce heat. The project is expected to reduce about 2,500 tons of carbon dioxide per year.

    Bierman, meanwhile, further developed a thermal energy storage solution for industrial decarbonization, which works by using renewable electricity to heat blocks of carbon, which are stored in insulation to retain energy for long periods of time. The heat from those blocks can then be used to deliver electricity or heat to customers, at temperatures that can exceed 1,500 C. When Antora raised a $50 million Series A funding round last year, Bierman asked Kearns if he could buy out Medley’s team, and the researchers finally became co-workers.

    “Antora and Medley Thermal have a similar value prop: There’s low-cost electricity, and we want to connect that to the industrial sector,” Kearns explains. “But whereas Medley used renewables on an as-available basis, and then when the winds stop we went back to burning fossil fuel with a boiler, Antora has a thermal battery that takes in the electricity, converts it to heat, but also stores it as heat so even when the wind stops blowing we have a reservoir of heat that we can continue to pull from to make steam or power or whatever the facility needs. So, we can now further reduce energy costs by offsetting more fuel and offer a 100 percent clean energy solution.”

    United we scale

    Today, Kearns runs the project development arm of Antora.

    “There are other, much larger projects in the pipeline,” Kearns says. “The Jay Peak project is about 3 megawatts of power, but some of the ones we’re working on now are 30, 60 megawatt projects. Those are more industrial focused, and they’re located in places where we have a strong industrial base and an abundance of renewables, everywhere from Texas to Kansas to the Dakotas — that heart of the country that our team lovingly calls the Wind Belt.”

    Antora’s future projects will be with companies in the chemicals, mining, food and beverage, and oil and gas industries. Some of those projects are expected to come online as early as 2025.          

    The company’s scaling strategy is centered on the inexpensive production process for its batteries.

    “We constantly ask ourselves, ‘What is the best product we can make here?’” Bierman says. “We landed on a compact, containerized, modular system that gets shipped to sites and is easily integrated into industrial processes. It means we don’t have huge construction projects, timelines, and budget overruns. Instead, it’s all about scaling up the factory that builds these thermal batteries and just churning them out.”

    It was a winding journey for Kearns and Bierman, but they now believe they’re positioned to help huge companies become carbon-free while promoting the growth of the solar and wind industries.

    “The more I dig into this, the more shocked I am at how important a piece of the decarbonization puzzle this is today,” Bierman says. “The need has become super real since we first started talking about this in 2016. The economic opportunity has grown, but more importantly the awareness from industries that they need to decarbonize is totally different. Antora can help with that, so we’re scaling up as rapidly as possible to meet the demand we see in the market.” More

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    3 Questions: What’s it like winning the MIT $100K Entrepreneurship Competition?

    Solar power plays a major role in nearly every roadmap for global decarbonization. But solar panels are large, heavy, and expensive, which limits their deployment. But what if solar panels looked more like a yoga mat?

    Such a technology could be transported in a roll, carried to the top of a building, and rolled out across the roof in a matter of minutes, slashing installation costs and dramatically expanding the places where rooftop solar makes sense.

    That was the vision laid out by the MIT spinout Active Surfaces as part of the winning pitch at this year’s MIT $100K Entrepreneurship Competition, which took place May 15. The company is leveraging materials science and manufacturing innovations from labs across MIT to make ultra-thin, lightweight, and durable solar a reality.

    The $100K is one of MIT’s most visible entrepreneurship competitions, and past winners say the prize money is only part of the benefit that winning brings to a burgeoning new company. MIT News sat down with Active Surface founders Shiv Bhakta, a graduate student in MIT’s Leaders for Global Operations dual-degree program within the MIT Sloan School of Management and Department of Civil and Environmental Engineering, and Richard Swartwout SM ’18 PhD ’21, an electrical engineering and computer science graduate and former Research Laboratory of Electronics postdoc and MIT.nano innovation fellow, to learn what the last couple of months have been like since they won.

    Q: What is Active Surfaces’ solution, and what is its potential?

    Bhakta: We’re commercializing an ultrathin film, flexible solar technology. Solar is one of the most broadly distributed resources in the world, but access is limited today. It’s heavy — it weighs 50 to 60 pounds a panel — it requires large teams to move around, and the form factor can only be deployed in specific environments.

    Our approach is to develop a solar technology for the built environment. In a nutshell, we can create flexible solar panels that are as thin as paper, just as efficient as traditional panels, and at unprecedented cost floors, all while being applied to any surface. Same area, same power. That’s our motto.

    When I came to MIT, my north star was to dive deeper in my climate journey and help make the world a better, greener place. Now, as we build Active Surfaces, I’m excited to see that dream taking shape. The prospect of transforming any surface into an energy source, thereby expanding solar accessibility globally, holds the promise of significantly reducing CO2 emissions at a gigaton scale. That’s what gets me out of bed in the morning.

    Swartwout: Solar and a lot of other renewables tend to be pretty land-inefficient. Solar 1.0 is using low hanging fruit: cheap land next to easy interconnects and new buildings designed to handle the weight of current panels. But as we ramp up solar, those things will run out. We need to utilize spaces and assets better. That’s what I think solar 2.0 will be: urban PV deployments, solar that’s closer to demand, and integrated into the built environment. These next-generation use cases aren’t just a racking system in the middle of nowhere.

    We’re going after commercial roofs, which would cover most [building] energy demand. Something like 80-90 percent of building electricity demands in the space can be met by rooftop solar.

    The goal is to do the manufacturing in-house. We use roll-to-roll manufacturing, so we can buy tons of equipment off the shelf, but most roll-to-roll manufacturing is made for things like labeling and tape, and not a semiconductor, so our plan is to be the core of semiconductor roll-to-roll manufacturing. There’s never been roll-to-roll semiconductor manufacturing before.

    Q: What have the last few months been like since you won the $100K competition?

    Bhakta: After winning the $100K, we’ve gotten a lot of inbound contact from MIT alumni. I think that’s my favorite part about the MIT community — people stay connected. They’ve been congratulating us, asking to chat, looking to partner, deploy, and invest.

    We’ve also gotten contacted by previous $100K competition winners and other startups that have spun out of MIT that are a year or two or three ahead of us in terms of development. There are a lot of startup scaling challenges that other startup founders are best equipped to answer, and it’s been huge to get guidance from them.

    We’ve also gotten into top accelerators like Cleantech Open, Venture For Climatetech, and ACCEL at Greentown Labs. We also onboarded two rockstar MIT Sloan interns for the summer. Now we’re getting to the product-development phase, building relationships with potential pilot partners, and scaling up the area of our technology.      

    Swartwout: Winning the $100K competition was a great point of validation for the company, because the judges themselves are well known in the venture capital community as well as people who have been in the startup ecosystem for a long time, so that has really propelled us forward. Ideally, we’ll be getting more MIT alumni to join us to fulfill this mission.

    Q: What are your plans for the next year or so?

    Swartwout: We’re planning on leveraging open-access facilities like those at MIT.nano and the University of Massachusetts Amherst. We’re pretty focused now on scaling size. Out of the lab, [the technology] is a 4-inch by 4-inch solar module, and the goal is to get up to something that’s relevant for the industry to offset electricity for building owners and generate electricity for the grid at a reasonable cost.

    Bhakta: In the next year, through those open-access facilities, the goal is to go from 100-millimeter width to 300-millimeter width and a very long length using a roll-to-roll manufacturing process. That means getting through the engineering challenges of scaling technology and fine tuning the performance.

    When we’re ready to deliver a pilotable product, it’s my job to have customers lined up ready to demonstrate this works on their buildings, sign longer term contracts to get early revenue, and have the support we need to demonstrate this at scale. That’s the goal. More

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    Harnessing synthetic biology to make sustainable alternatives to petroleum products

    Reducing our reliance on fossil fuels is going to require a transformation in the way we make things. That’s because the hydrocarbons found in fuels like crude oil, natural gas, and coal are also in everyday items like plastics, clothing, and cosmetics.

    Now Visolis, founded by Deepak Dugar SM ’11, MBA ’13, PhD ’13, is combining synthetic biology with chemical catalysis to reinvent the way the world makes things — and reducing gigatons of greenhouse gas emissions in the process.

    The company — which uses a microbe to ferment biomass waste like wood chips and create a molecular building block called mevalonic acid — is more sustainably producing everything from car tires and cosmetics to aviation fuels by tweaking the chemical processes involved to make different byproducts.

    “We started with [the rubber component] isoprene as the main molecule we produce [from mevalonic acid], but we’ve expanded our platform with this unique combination of chemistry and biology that allows us to decarbonize multiple supply chains very rapidly and efficiently,” Dugar explains. “Imagine carbon-negative yoga pants. We can make that happen. Tires can be carbon-negative, personal care can lower its footprint — and we’re already selling into personal care. So in everything from personal care to apparel to industrial goods, our platform is enabling decarbonization of manufacturing.”

    “Carbon-negative” is a term Dugar uses a lot. Visolis has already partnered with some of the world’s largest consumers of isoprene, a precursor to rubber, and now Dugar wants to prove out the company’s process in other emissions-intensive industries.

    “Our process is carbon-negative because plants are taking CO2 from the air, and we take that plant matter and process it into something structural, like synthetic rubber, which is used for things like roofing, tires, and other applications,” Dugar explains. “Generally speaking, most of that material at the end of its life gets recycled, for example to tarmac or road, or, worst-case scenario, it ends up in a landfill, so the CO2 that was captured by the plant matter stays captured in the materials. That means our production can be carbon-negative depending on the emissions of the production process. That allows us to not only reduce climate change but start reversing it. That was an insight I had about 10 years ago at MIT.”

    Finding a path

    For his PhD, Dugar explored the economics of using microbes to make high-octane gas additives. He also took classes at the MIT Sloan School of Management on sustainability and entrepreneurship, including the particularly influential course 15.366 (Climate and Energy Ventures). The experience inspired him to start a company.

    “I wanted to work on something that could have the largest climate impact, and that was replacing petroleum,” Dugar says. “It was about replacing petroleum not just as a fuel but as a material as well. Everything from the clothes we wear to the furniture we sit on is often made using petroleum.”

    By analyzing recent advances in synthetic biology and making some calculations from first principles, Dugar decided that a microbial approach to cleaning up the production of rubber was viable. He participated in the MIT Clean Energy Prize and worked with others at MIT to prove out the idea. But it was still just an idea. After graduation, he took a consulting job at a large company, spending his nights and weekends renting lab space to continue trying to make his sustainable rubber a reality.

    After 18 months, by applying engineering concepts like design-for-scale to synthetic biology, Dugar was able to develop a microbe that met 80 percent of his criteria for making an intermediate molecule called mevalonic acid. From there, he developed a chemical catalysis process that converted mevalonic acid to isoprene, the main component of natural rubber. Visolis has since patented other chemical conversion processes that turn mevalonic acid to aviation fuel, polymers, and fabrics.

    Dugar left his consulting job in 2014 and was awarded a fellowship to work on Visolis full-time at the Lawrence Berkeley National Lab via Activate, an incubator empowering scientists to reinvent the world.

    From rubber to jet fuels

    Today, in addition to isoprene, Visolis is selling skin care products through the brand Ameva Bio, which produces mevalonic acid-based creams by recycling plant byproducts created in other processes. The company offers refillable bottles and even offsets emissions from the shipping of its products.

    “We are working throughout the supply chain,” Dugar says. “It made sense to clean up the isoprene part of the rubber supply chain rather than the entire supply chain. But we’re also producing molecules for skin that are better for you, so you can put something much more sustainable and healthier on your body instead of petrochemicals. We launched Ameva to demonstrate that brands can leverage synthetic biology to turn carbon-negative ingredients into high-performing products.”

    Visolis is also starting the process of gaining regulatory approval for its sustainable aviation fuel, which Dugar believes could have the biggest climate impact of any of the company’s products by cleaning up the production of fuels for commercial flight.

    “We’re working with leading companies to help them decarbonize aviation” Dugar says. “If you look at the lifecycle of fuel, the current petroleum-based approach is we dig out hydrocarbons from the ground and burn it, emitting CO2 into the air. In our process, we take plant matter, which affixes to CO2 and captures renewable energy in those bonds, and then we transfer that into aviation fuel plus things like synthetic rubber, yoga pants, and other things that continue to hold the carbon. So, our factories can still operate at net zero carbon emissions.”

    Visolis is already generating millions of dollars in revenue, and Dugar says his goal is to scale the company rapidly now that its platform molecule has been validated.

    “We have been scaling our technology by 10 times every two to three years and are now looking to increase deployment of our technology at the same pace, which is very exciting.” Dugar says. “If you extrapolate that, very quickly you get to massive impact. That’s our goal.” More

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    MIT welcomes Brian Deese as its next Institute Innovation Fellow

    MIT has appointed former White House National Economic Council (NEC) director Brian Deese as an MIT Innovation Fellow, focusing on the impact of economic policies that strengthen the United States’ industrial capacity and on accelerating climate investment and innovation. Deese will begin his appointment this summer. 

    “From climate change to U.S. industrial strategy, the people of MIT strive to make serious positive change at scale — and in Brian Deese, we have found a brilliant ally, guide, and inspiration,“ says MIT President Sally Kornbluth. “He pairs an easy command of technological questions with a rare grasp of contemporary policy and the politics it takes for such policies to succeed. We are extremely fortunate to have Brian with us for this pivotal year.” 

    Deese is an accomplished public policy innovator. As President Joe Biden’s top economic advisor, he was instrumental in shaping several pieces of legislation — the bipartisan Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act  — that together are expected to yield more than $3 trillion over the next decade in public and private investments in physical infrastructure, semiconductors, and clean energy, as well as a major expansion of scientific research. 

    “I was attracted to MIT by its combination of extraordinary capabilities in engineering, science, and economics, and the desire and enthusiasm to translate those capabilities into real-world outcomes,” says Deese. 

    Climate and economic policy expertise

    Deese’s public service career has spanned multiple periods of global economic crisis. He has helped shape policies ranging from clean energy infrastructure investments to addressing supply chain disruptions triggered by the pandemic and the war in Ukraine. 

    As NEC director in the Biden White House, Deese oversaw the development of domestic and international economic policy. Previously, he served as the global head of sustainable investing at BlackRock, Inc., one of the world’s leading asset management firms; before that, he held several key posts in the Obama White House, serving as the president’s top advisor on climate policy; deputy director of the Office of Management and Budget; and deputy director of the NEC. Early in the Obama Administration, Deese played a key role in developing and implementing the rescue of the U.S. auto industry during the Great Recession. Deese earned a bachelor of arts degree from Middlebury College and his JD from Yale Law School.

    Despite recent legislative progress, the world still faces daunting climate and energy challenges, including the need to reduce greenhouse gas emissions, increase energy capacity, and fill infrastructure gaps, Deese notes.

    “Our biggest challenge is our biggest opportunity,” he says. “We need to build at a speed not seen in generations.”  

    Deese is also thinking about how to effectively design and implement industrial strategy approaches that build on recent efforts to restore the U.S. semiconductor industry. What’s needed, he says, is an approach that can foster innovation and build manufacturing capacity — especially in economically disadvantaged areas of the country — while learning lessons from previous successes and failures in this field. 

    “This is a timely and important appointment because Brian has enormous experience at the top levels of government in shaping public policies for climate, technology, manufacturing, and energy, and the consequences for  shared prosperity nationally and globally — all subjects of intense interest to the MIT community,” says MIT Associate Provost Richard Lester. “I fully expect that faculty and student engagement with Brian while he is with us will help advance MIT research, innovation, and impact in these critical areas.”

    Innovation fellowship

    Previous MIT Innovation Fellows, typically in residence for a year or more, have included luminaries from industry and government, including most recently Virginia M. “Ginny” Rometty, former chair, president, and CEO of IBM; Eric Schmidt, former executive chair of Google’s parent company, Alphabet; the late Ash Carter, former U.S. secretary of defense; and former Massachusetts Governor Deval Patrick.

    During his time at MIT, Deese will work on a project detailing and mapping private investment in clean energy and other climate-related activities. He will also interact with students, staff, and faculty from across the Institute. 

    “I hope my role at MIT can largely be about forging partnerships within the Institute and outside of the Institute to significantly reduce the time between innovation and outcomes into the world,” says Deese. More

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    MIT speaker series taps into students’ passion for entrepreneurship and social impact.

    Last summer, leaders of MIT’s Venture Mentoring Service (VMS) noticed a growing trend in entrepreneur applications to the program: An increasing number of aspiring founders were expressing a passion for social impact.

    VMS, which connects students and alumni with teams of mentors, hosts bootcamps, holds expert office hours, and offers an annual Demo Day, did not previously have offerings to help founders focused on this type of impact, so its leaders decided to pilot an Impact Speaker Series.

    The series, which featured experienced early-stage entrepreneurs from the MIT community and took place throughout the year, was a smashing success. In total, more than 1,200 MIT community members registered across eight events, including students at all stages of their education as well as alumni interested in making a positive impact on the world through entrepreneurship.

    “We felt an intense desire from attendees to explore entrepreneurship as a path to solve our most pressing problems,” VMS mentor and series co-Lead Paul Bosco says. “The degree to which students identified with challenges such as climate, health, sustainability, and education, rather than their major, was striking. Our goal was to help them see a path as first-time founders.”

    Now VMS is riding the momentum from the speaker series by rolling out more support services for impact-driven students, including hosting additional events, adding experienced impact entrepreneurs and social enterprise experts to its network of mentors, and connecting with more funders and executives with experience leading organizations focused on impact.

    Ultimately, VMS believes these new efforts will bolster MIT’s broader mission of translating science and innovation from its labs and classrooms into positive advances around the world.

    “Our pivot to strengthen support for founders with a passion for impact is absolutely aligned with the mission of MIT,” Bosco says. “Pursuing research and ideas with a passion for world-changing impact has always been in the DNA of MIT. A new generation of entrepreneurs is challenging us to help them hone their skills and lead organizations to build a better world.”

    Striking a chord

    Each one of VMS’ events had a different theme, from addressing general founder challenges, like first time pre-seed or nondilutive fundraising to building startup ventures in sectors like climate, health care, and education. One panel focused on helping entrepreneurs find their personal paths to success and impact, featuring founders leading impactful companies at different stages of development. Another panel discussion, titled Funding Your Path to Impact and Success, featured investors and directors of programs funding ventures delivering impact.

    “I want to encourage founders to consider driving toward a new ‘unicorn success’ model, where success is not measured in $1-billion-dollar valuations, but is based on world-changing carbon reductions, water cleanliness, lives saved, students inspired, etc.,” Ela Mirowski, a program director with the National Science Foundation, told the audience at one event.

    In total, the events featured 24 expert speakers, early-stage founders, and funders. Impact driven businesses, speakers emphasized, can take many forms. Bosco, who moderated one of the panels, says he’s heard from students and alumni interested in starting for-profit companies focused on profit and impact, what he called “dual bottom lines,” as well as students interested in starting public benefit companies, social enterprises, and traditional nonprofit organizations.

    “VMS is getting better at tapping into the different types of entrepreneurs at different stages of their journeys,” says Akshit Singla SM ’22. “It’s exactly what’s needed, and I know that because there was a huge waitlist for these events.”

    Zahra Kanji, who attended VMS’s most recent event in May and is currently director of MIT Hacking Medicine, sees the speaker series as a natural response to evolving student needs.

    “For students, I think the focus has changed a lot over the years,” Kanji said. “There used to be a lot more interest in entrepreneurship with making money as the final goal, and now it’s turned into more of a triple goal, like a public benefit corporation or something that has more impact. So, hearing key lessons learned from experts is really important — these aren’t answers you can get in a textbook.”

    Listening to the community

    Many of next year’s VMS events will be similar to the events that most resonated with the MIT community this year. VMS will also be adding an event on entrepreneurship in artificial intelligence and computing for impact. VMS is hoping to continue expanding student connections to recent founders, or what Bosco refers to as “near-peer founders,” that can relate more closely with first-time founders navigating the current startup environment.

    “Given that many new entrepreneurs are shifting to focus on impact, we need to evolve,” says VMS mentor Matt Cherian SM ’11. “I’m glad students are starting to think differently, and I’m really glad VMS is making this programming to help people think in this new way.”

    “The most notable aspect of our series was the commitment of students, including undergrads, graduates, and postdocs, pursuing their passion for impact through entrepreneurship,” Bosco says. “Many students we met exploring entrepreneurship for impact have exceptional job offers from top employers, or if they are alums they’re leaving significant positions to pursue a greater purpose in their lives. It is profoundly inspiring and an honor to help each of these founders.” More

  • in

    A clean alternative to one of the world’s most common ingredients

    Never underestimate the power of a time crunch.

    In 2016, MIT classmates David Heller ’18, Shara Ticku, and Harry McNamara PhD ’19 were less than two weeks away from the deadline to present a final business plan as part of their class MAS.883 (Revolutionary Ventures: How to Invent and Deploy Transformative Technologies). The students had connected over a shared passion for using biology to solve climate challenges, but their first few ideas didn’t pan out, so they went back to the drawing board.

    In a brainstorming session, Ticku began to reminisce about a trip to Singapore she’d taken where the burning of forests had cast a dark haze over the city. The story sparked a memory from halfway across the world in Costa Rica, where McNamara had traveled and noticed endless rows of palm plantations, which are used to harvest palm oil.

    “Besides Shara’s experience in Singapore and Harry’s in Costa Rica, palm was a material none of us had seriously thought about,” Heller recalls. “That conversation made us realize it was a big, big industry, and there’s major issues to the way that palm is produced.”

    The classmates decided to try using synthetic biology to create a sustainable alternative to palm oil. The idea was the beginning of C16 Biosciences. Today C16 is fulfilling that mission at scale with a palm oil alternative it harvests from oil-producing yeast, which ferment sugars in a process similar to brewing beer.

    The company’s product, which it sells to personal care brands and directly to consumers, holds enormous potential to improve the sustainability of the personal care and food industries because, as it turns out, the classmates had stumbled onto a massive problem.

    Palm oil is the most popular vegetable oil in the world. It’s used in everything from soaps and cosmetics to sauces, rolls, and crackers. But palm oil can only be harvested from palm trees near the equator, so producers often burn down tropical rainforests and swamps in those regions to make way for plantations, decimating wildlife habitats and producing a staggering amount of greenhouse gas emissions. One recent study found palm expansion in Southeast Asia could account for 0.75 percent of the world’s total greenhouse gas emissions. That’s not even including the palm expansion happening across west Africa and South America. Among familiar creatures threatened by palm oil deforestation are orangutans, all three species of which are now listed as “critically endangered” — the most urgent status on the IUCN Red List of Threatened Species, a global endangered species list.

    “To respond to increasing demand over the last few decades, large palm producers usually inappropriately seize land,” Heller explains. “They’ll literally slash and burn tropical rainforests to the ground, drive out indigenous people, they’ll kill or drive out local wildlife, and they’ll replace everything with hectares and hectares of palm oil plantations. That land conversion process has been emitting something like a gigaton of CO2 per year, just for the expansion of palm oil.”

    From milliliters to metric tons

    Heller took Revolutionary Ventures his junior year as one of the few undergraduates in the Media Lab-based class, which is also open to students from nearby colleges. On one of the first days, students were asked to stand in front of the class and explain their passions, or “what makes them tick,” as Heller recalls. He focused on climate tech.

    McNamara, who was a PhD candidate in the Harvard-MIT Program in Health Sciences and Technology at the time, talked about his interest in applying new technology to global challenges in biotech and biophysics. Ticku, who was attending Harvard Business School, discussed her experience working in fertility health and her passion for global health initiatives. The three decided to team up.

    “The core group is very, very passionate about using biology to solve major climate problems,” says Heller, who majored in biological engineering while at MIT.

    After a successful final presentation in the class, the founders received a small amount of funding by participating in the MIT $100K Pitch Competition and from the MIT Sandbox Innovation Fund.

    “MIT Sandbox was one of our first bits of financial support,” Heller says. “We also received great mentorship. We learned from other startups at MIT and made connections with professors whom we learned a lot from.”

    By the time Heller graduated in 2018, the team had experimented with different yeast strains and produced a few milliliters of oil. The process has gradually been optimized and scaled up from there. Today C16 is producing metric tons of oil in 50,000-liter tanks and has launched a consumer cosmetic brand called Palmless.

    Heller says C16 started its own brand as a way to spread the word about the harms associated with palm oil and to show larger companies it was ready to be a partner.

    “The oil palm tree is amazing in terms of the yields it generates, but the location needed for the crop is in conflict with what’s essential in our ecosystem: tropical rainforests,” Heller says. “There’s a lot of excitement when it comes to microbial palm alternatives. A lot of brands have been under pressure from consumers and even governments who are feeling the urgency around climate and are feeling the urgency from consumers to make changes to get away from an oil ingredient that is incredibly destructive.”

    Scaling with biology

    C16’s first offering, which it calls Torula Oil, is a premium product compared to traditional palm oil, but Heller notes the cost of palm oil today is deflated because companies don’t factor in its costs to the planet and society. He also notes that C16 has a number of advantages in its quest to upend the $60 billion palm oil industry: It’s far easier to improve the productivity of C16’s precision fermentation process than it is to improve agricultural processes. C16 also expects its costs to plummet as it continues to grow.

    “What’s exciting for us is we have these economies of scale,” Heller says. “We have the opportunity to expand vertically, in large stainless steel tanks, as opposed to horizontally on land, so we can drive down our cost curve by increasing the size of the infrastructure and improving the optimization of our strain. The timelines for improvement in a precision fermentation process are a fraction of the time it takes in an agricultural context.”

    Heller says C16 is currently focused on partnering with large personal care brands and expects to announce some important deals in coming months. Further down the line, C16 also hopes to use its product to replace the palm oil in food products, although additional regulations mean that dream is still a few years away.

    With all of its efforts, C16 tries to shine a light on the problems associated with the palm industry, which the company feels are underappreciated despite palm oil’s ubiquitous presence in our society.

    “We need to find a way to reduce our reliance on deforestation products,” Heller says. “We do a lot of work to help educate people on the palm oil industry. Just because something has palm oil in it doesn’t mean you should stop using it, but you should understand what that means for the world.” More