Tax incentives worked for the film industry. So, why not for the green industry? Looks like that'll be the idea here.
Excerpt:
Today, the Michigan Economic Growth Authority is expected to approve
tax credits for Dow Chemical projects to make solar roof shingles and
lithium-ion battery cells, adding a total of 2,500 jobs in the Midland
area.
Also, Dow
and the Oak Ridge National Laboratory got the green light Wednesday for
a $20-million research center to develop low-cost carbon fiber used in
wind turbines.
"Dow
and Dow's progeny have spawned this huge effort to move to green
manufacturing," Gov. Jennifer Granholm said Wednesday, citing a cluster
of related projects that have brought 5,000 jobs to the struggling
Saginaw Bay area.
Read the entire article
here.
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