Michigan s Subsidized Green Energy Adventures Arrived With Headlines, Faded In Silence – Michigan Capitol Confidential michigancapitolconfidential.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from michigancapitolconfidential.com Daily Mail and Mail on Sunday newspapers.
December 21, 2020
President-elect Joe Biden will nominate former Michigan Gov. Jennifer Granholm to head the U.S. Department of Energy. The former Michigan governor s strength, supporters say, is her ability to focus on electric cars and move the country off of fossil fuels.
That was a major focus of Granholm’s two terms as governor, which she pursued by selecting particular businesses and industries to back with state taxpayer support. It didn’t work, however. Even though the state approved billions of dollars in tax credits and grants for the chosen companies, nearly every single one fell far short of the job projections hailed by the Granholm administration in press releases. And a good number of the companies went bankrupt.