<html><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><div style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><div>We are pleased to announce the first speaker for the fall 2008 MIT Energy Initiative Seminar Series. The seminars will take place each month in room 66-110 from 4:15 -5:45 pm and will be followed by a reception. For more information, please visit the MITEI website at <a href="http://mit.edu/mitei/news/seminars">http://mit.edu/mitei/news/seminars</a> or contact Karen Gibson at <a href="mailto:kgibson@mit.edu">kgibson@mit.edu</a>.</div><div align=""><br></div><div align="">We hope you will join us September 9 to hear Thomas Casten, founder and CEO of Recycled Energy Development.</div><div align=""> </div><div align="">*****</div><div align=""><br></div><div align=""><b>Profitably Reducing Greenhouse Gas Emissions</b></div><div align=""><b>Thomas R. Casten, founder and CEO of Recycled Energy Development</b></div><div align=""><br></div><div align=""><span class="Apple-tab-span" style="white-space:pre"> </span>Date:<span class="Apple-tab-span" style="white-space:pre"> </span>Tuesday, September 9</div><div align=""><span class="Apple-tab-span" style="white-space:pre"> </span>Time: <span class="Apple-tab-span" style="white-space:pre"> </span>4:15 pm – 5:45 PM [Reception follows]</div><div align=""><span class="Apple-tab-span" style="white-space:pre"> </span>Location: <span class="Apple-tab-span" style="white-space:pre"> </span>66-110 (Landau Building, 25 Ames Street, MIT Campus)</div><div align=""> </div><div align=""><br></div><div align=""><b>Abstract</b></div><div align="">Climate change and energy concerns call forth energy policies, but there is a failure to understand societal costs of each alternative action. Furthermore, economists and policy advisors assume the present energy conversion system is economically optimal, given current technology. Drawing on 30 years of developing $2.0 billion of local generation projects that recycle waste energy, Casten analyzes the societal costs and savings of twelve alternate approaches to generating electricity. The presentation will show how the U.S. could achieve two billion tons of CO2 reduction per year while saving over $100 billion per year. The presentation ends with suggested policy changes to induce profitable GHG reductions and start an energy efficiency revolution. </div><div align=""> </div><div align=""><br></div><div align=""><b>About the Speaker</b></div><div align="">Thomas R. Casten has spent 30 years developing decentralized energy recycling projects. He was founding president and CEO of Trigen Energy Corporation, a New York Stock Exchange corporation and its predecessors from 1977 through 2000; and he served until 2006 as founding chair and CEO of Primary Energy Ventures LLC. Tom also has served as president of the International District Energy Association, received the Normal R. Taylor Award for distinguished achievement and contributions to the industry, and has been named a “CHP Champion” by the U.S. Combined Heat and Power Association. He is co-founder and former chairman of the World Alliance for Distributed Energy (WADE), an umbrella organization of national CHP and distributed energy associations, equipment vendors, government agencies, and foundations that promote distributed generation to optimize the world's power system. In 2006, the WADE board inducted Tom as the first member of the WADE Hall of Fame. Tom’s book, Turning off the Heat, published by Prometheus Press in 1998, explains how the world can save money and pollution. He recently co-authored a chapter in Energy Myth and American Society, Thirteen Myths (Sovacool & Brown), challenging the assumption that the U.S. electric system is optimal.</div><div align=""> </div><div align=""><br></div><div align="">*****</div><div align=""><br></div><div align=""><b>MIT Energy Initiative Seminar Series [Fall 2008 - Spring 2009]</b></div><div align="">The MIT Energy Initiative (MITEI) is an Institute-wide initiative designed to help transform global energy systems to meet the needs of the future. Led by Ernie Moniz, Director, and Bob Armstrong, Deputy Director, MITEI is building community around energy events and a collaborative research agenda. The energy seminar series continues this fall and will feature speakers on a variety of energy-related issues. </div><div align=""> </div><div align=""> </div><div align=""> </div><div align=""> </div><div align="">Karen L. Gibson</div><div align="">Assistant to the Director</div><div align="">MIT Energy Initiative</div><div align="">77 Massachusetts Avenue, E40-467</div><div align="">Cambridge, MA 02139 USA</div><div align="">(1 Amherst St., E40-467, Cambridge MA 02142 - for DHL and FedEx)</div><div align="">Tel: +1 617 258 6368; Fax: +1 617 253 8013</div><div align=""> </div><div><br class="webkit-block-placeholder"></div></div></body></html>