Rust Belt Michigan strives for a green makeover

Can Michigan be the Silicon Valley of the green industry? If the tax incentives have anything to do with it, then yes.

Excerpt:

If you cast your mind back a few decades and substitute "high tech" or "life sciences" for "sustainable business," you'll recall that, not so long ago, major economic transformations were created in Silicon Valley and on the East Coast, particularly in the Boston area. Like the two coasts, Michigan's seismic shift will happen not just because one industry fails. Rather, it will be a combination of government tax incentives, an existing knowledge base, and a groundswell of entrepreneurial and VC activity around green business, much of which is generated through the University of Michigan -- just as Stanford, MIT and other leading universities have helped foster innovation in their own backyards.

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