"When we created Precourt, our intention was to develop a critical mass of faculty and graduate students doing research on energy efficiency," said institute Director James L. Sweeney, a professor of management science and engineering. He noted that institute researchers are collaborating on a wide range of projects, including a $1 million, five-year grant from the U.S. Environmental Protection Agency to improve economy-wide climate policy models to better represent energy-efficiency opportunities.
"This work is essential, because the most effective way to reduce climate change in the near-term is to reduce energy use by increasing efficiency," Sweeney said.
"Almost 90 percent of the fuels used today are fossil based," Weyant added. "New technologies will help reduce greenhouse gas emissions eventually, but what do you do over the next two decades" The answer: Be more efficient."
The institute plans to announce a second round of faculty seed grants in the summer.
|Contact: Mark Shwartz|