what went wrong blog

Tag: Green Jobs

Michigan pursues wind energy with tax policy

Wednesday, January 25th, 2012 

President Obama laid out a vision in his State of the Union speech Tuesday night that includes job creation through support for renewable energy. Michigan has one of the nation’s highest unemployment rates at 9.8 percent. A new tax ruling in the state could cost counties millions in revenue but help boost the state’s burgeoning renewable energy industry. Patrick Howard writes in the Great Lakes Echo.


Photo from Great Lakes Echo, dave.worth (Flickr).

Wind turbine with accompanying tower.

The State Tax Commission ruling allows energy companies to pay substantially less in personal property taxes and gives a break to state manufacturers as well. Companies that build wind turbine blades, “casts” – which house the turbines — and related parts now pay significantly less in property taxes as a result of the ruling.

In his State of the State address, Gov. Rick Snyder stressed how the reduction on taxes for industrial equipment will effectively boost the economy and create jobs.

Mark Clevey, manager of renewable energy programs at the Michigan Energy Office, called the tax ruling a positive for the future of state energy businesses.

Clevey said casting companies and turbine part manufacturers are beginning to locate to Michigan from overseas, a trend he described as a monumental change compared to three or four years ago.

Michigan passed legislation that requires utility companies to make 10 percent of their energy renewable by 2015. Read more in the Great Lakes Echo.

What Went Wrong

Donald Barlett and James Steele are revisiting America: What Went Wrong, their landmark 1991 newspaper series, in a new project with the Investigative Reporting Workshop. Over the next year, the project team will examine how four decades of public policy has shaped America's ongoing economic crisis.


Recent blog posts

Rags to rags: Economic mobility hard to come by

New Pew Center on States report confirms that moving up the American economic ladder is difficult, even though most people have more income than their parents.

Homelessness takes it toll on Florida's youngest

Florida, as a center of the housing boom, still struggles to recover from the Great Recession. Financial stresses and widespread foreclosures have placed families in precarious situations, resulting in a spike in child homelessness. Susannah Nesmith reports in the Broward Bulldog.

Older workers face challenges in Silicon Valley

An advanced degree and experience in the tech sector should be a ticket to a job in today's economy. But older workers in the heart of the new economy, Silicon Valley, are finding their resume is not the issue. Aaron Glantz reports in The Bay Citizen.

 Subscribe to the RSS Feed

Blog archives