WASHINGTON - The U.S. Environmental Protection Agency (EPA) has awarded $410,000 to 41 student teams for the 2005-2006 academic year to research and develop sustainable designs through the People, Prosperity and the Planet (P3) competition. Sustainable development maintains economic growth while preserving natural resources, says EPA. The P3 student design competition was launched in January 2004, and several 2004 winners' designs have been successfully implemented into business practices.
"In an era of rising energy costs, the results of the first year of the P3 competition should make people sit up and take notice. They not only demonstrated that companies can reduce their bottom line by sustainable practices, but also the marketability of new conservation tools," said George Gray, assistant administrator for the Office of Research and Development. "In last year's competition, four student projects became new businesses with clients, two of them marketing energy monitoring systems. Other designs explored biodiesel production, solar thermal heating systems, green roofs, and storm water management."