Maryland Reveals 2017 Investment Plans For Green Jobs, Renewables

Maryland -

Gov. Larry Hogan, R-Md., has announced the state’s 2017 environmental agenda, which includes initiatives to grow jobs in green industries, invest in renewable energy resources, promote the use of electric vehicles and promote clean water commerce.

Hogan’s 2017 Environmental Package is designed to protect Maryland’s natural resources while fostering economic and job growth, according to a press release from his administration.

In total, the proposals outlined by Hogan represent nearly $65 million of investment in Maryland’s environment, the release says.

In addition to these targeted proposals, $41 million will be invested in Tier 1 renewable projects through the Strategic Energy Investment Fund. These funds will be a part of the $44 million Exelon must pay in liquidated damages to the State of Maryland as a condition of the February 2012 merger between Exelon and Constellation Energy Group.

One of these initiatives is a $3 million targeted investment in Maryland’s EARN Program, which will train 1,500 workers for jobs in the solar, wind, hydroelectric and other green industries. This proposal would be Maryland’s first significant investment in workforce training for green jobs, the administration says.

In addition, Hogan has announced $7.5 million in funding to create the Green Energy Institute, a collaboration between the University of Maryland Energy Research Center and the Maryland Clean Energy Center. The mission of the Green Energy Institute will be to develop and attract private investment and commercialize clean energy innovations in the state.

“The proposals in our package are innovative, forward-thinking solutions to ensure that Maryland continues to lead the way to safeguard our environment,” states the governor. “I look forward to working with legislators to get these common-sense measures passed. We owe it to the next generation to continue to find cost-effective ways to protect Maryland’s environment and stimulate economic growth.”

Related News

Wave and Tidal Energy Market Study

Wave and Tidal Energy Market Studies Research 2025 Detailed Analysis of Restrain and Growth Factors

LONDON - With effective strategies and technologies, ocean could be used as one of the largest and inexhaustible sources of environmentally-neutral and sustainable energy. Wave and tidal energy technologies serve as two of the present times' key ways of harnessing energy from oceans. Wave and tidal energy technologies are relatively new power generation technologies with significant scope for development in the near future.

As research and development activities focused on the commercial development of clean energy resources intensify, the two sectors are expected to witness significant market growth in terms of technological advancement and rise in terms of investment and installed…

READ MORE
EIB confirms EUR 200 million loan to India for large scale solar projects

EIB confirms EUR 200 million long-term loan to State Bank of India to support Indian large scale solar projects

READ MORE

Quarter-Million Wind Power Jobs

Four-Year U.S. Wind Forecast Sees Quarter-Million Jobs

READ MORE

renewable energy policies

Are solar and wind really killing coal, nuclear and grid reliability?

READ MORE

BOEM

BOEM receives wind power lease requests

READ MORE