Northwest Arkansas Democrat-Gazette

Moniz, McLarty team up to advise

Clinton, Obama vets’ focus energy

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FRANK E. LOCKWOOD

WASHINGTON — Former White House Chief of Staff Mack McLarty and former Energy Secretary Ernest J. Moniz have announced the creation of a consulting partnershi­p that will focus on energy matters.

McLarty, a Hope, Ark., native, served as the chairman and chief executive officer of a Fortune 500 natural gas company before going to Washington.

Moniz, a nuclear physicist, is a professor emeritus at Massachuse­tts Institute of Technology and was the founding director of the MIT Energy Initiative. He was secretary of energy in the administra­tion of President Barack Obama.

EJM Associates, an energy advisory firm founded by Moniz, will partner with

M cLar ty Associates, offering advice on energy policy, technology, innovation and risk assessment.

McLarty Associates is “kind of like a private-sector State Department,” McLarty, who served in the ad-

● ministrati­on of President Bill Clinton, said in an interview. “We help companies open markets and solve problems around the word.”

Now clients will be able to tap Moniz’s expertise and his understand­ing of energy markets and policy, McLarty said.

“I think most people would describe Ernie, pretty clearly,

as whip-smart. Brilliant,” McLarty said. “He’s got an engaging personalit­y, a great spirit, and … he does know how to bring people together.”

Moniz is widely respected, according to Colette Honorable, who served on the Federal Energy Regulatory Commission and is a former Arkansas Public Service Commission chairman.

“His skills [ are] formidable with regard to energy and physics and science. He

is equally savvy with regard to the developmen­t and execution of energy policy,” she said.

The former Cabinet member also has a proven ability “to navigate the choppy waters on the Hill before Congress,” she said. “His leadership is vast and he’s a very well respected and admired man.”

Moniz and McLarty have known each other for several years and worked together

on an MIT interdisci­plinary study that focused on natural gas.

The former Cabinet member said he looks forward to working with McLarty, calling him “a smart guy, a strategic guy, a gentleman, a high values guy and a fun guy.”

The partnershi­p is a good fit, he said.

“What we see is a real opportunit­y for synergy because we really have compliment­ary skill sets,” Moniz added.

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