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September 30, 2008

MTI awards $430,000 to cluster initiatives

The Maine Technology Institute has approved three grants totaling $430,000 to support the marine and aquaculture, forest products and composite industries.

The three Cluster Enhancement Awards include $200,000 to the Gulf of Maine Research Institute in Portland, $200,000 to the Maine Pulp and Paper Association in Augusta and $30,000 to the Foster Regional Applied Technology Center in Farmington.

The three organizations raised a total of $1.4 million from outside sources to match the MTI awards. Read the MTI press release for more on what the three grants will support.




By the numbers


Six states raised a total of $38.6 million in the nation's first carbon auction, which took place last Thursday, under the Regional Greenhouse Gas Initiative, according to results reported yesterday. A total of 12,565,387 carbon allowances sold at a clearing price of $3.07 per allowance. The states plan to invest the funds generated from the auctions in energy efficiency and renewable energy technologies, and programs to benefit energy consumers.

Here's a list of the proceeds each state that participated in the first auction will collect.

 

State proceeds from first RGGI auction

Maryland $16.4 million
Massachusetts $13.3 million
Connecticut $4.2 million
Maine $2.7 million
Rhode Island $1.3 million
Vermont $621,000

Total $38.6 million


Source: Regional Greenhouse Gas Initiative Inc.



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The Mainebiz Daily is compiled from staff
and news reports by Whit Richardson.


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