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| Lt. Governor In the News |
DN: Pew study finds strong growth in Michigan green economy
Michigan's growth in clean energy jobs has outpaced the nation's since 1998, according to a Washington study. Michigan's clean energy economy grew 10.7 percent, creating nearly 23,000 jobs, while overall jobs declined 3.6 percent in the state between 1998 and 2007, according to a report by the respected Pew Charitable Trusts. Nationally, jobs in the clean energy economy grew at a rate of 9.1 percent during the same period; total jobs grew by 3.7 percent. . . . "The clean energy economy is a vehicle for Michigan's economic recovery," said Kerry Ebersole, Michigan representative for the Pew Environment Group. The report is sure to buoy efforts by some state leaders, including Gov. Jennifer Granholm, to expand green industries in Michigan. "The state ranks third in clean technology patents and has attracted $55 million in clean technology venture capital in just the past three years."
http://www.detnews.com/article/20090611/BIZ/906110367/1001/Pew-study-finds-strong-growth-in-Michigan-green-economy
http://www.pewtrusts.org/news_room_detail.aspx?id=53254
Michigan gets good credit rating from S&P
Mark Hornbeck / Detroit News Lansing Bureau
A top credit rating agency gave Michigan officials high marks today for managing the budget crisis and says the state is "weathering the downturn" caused by the collapse of the domestic automakers. Standard & Poor's rates Michigan general obligation bonds AA-, which is a low risk investment rating. "Michigan's fairly conservative revenue estimates and continued strong budget management will allow the state to continue to manage budget gaps," according to the report.
http://www.detnews.com/article/20090610/POLITICS02/906100429/Michigan-gets-good-credit-rating-from-S&P
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