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The Philadelphia Navy Yard.Yesterday may well be remembered as a turning point in our nation’s technology innovation policy. The Department of Energy announced that a consortium of more than 90 public- and private-sector organizations based in the Philadelphia region will host the first Energy Regional Innovation Cluster or, E-RIC, a new interagency program to accelerate energy innovation and commercialization. The new E-RIC was selected among many applicants to win $129 million dollars in grants and programmatic support from the DOE and six other federal agencies for investment in energy efficiency technology innovation and commercialization.

The award itself is important because buildings directly or indirectly account for approximately 40 percent of national global warming pollution; technology innovation in this sector has the potential to make a big impact on climate change. CAP has documented extensively how energy efficiency is among the best ways to create jobs, reduce our dependence on foreign fuels, and save money.

To read the full, original article click on this link: A Win for Regional Innovation

Author: Sean Pool