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.”