Showing posts with label michigan. Show all posts
Showing posts with label michigan. Show all posts

Sunday, January 11, 2009

General Motors to make Volt batteries in Michigan

The fact that Michigan will get a factory to produce batteries for electric cars is a very positive development.

For the greentech/cleantech movement to have true meaning for the U.S. economy, the manufacturing base needs to be here. That ensures exports. That means jobs for factory workers who are being displaced as we speak.

The benefits don't come without a cost to the public. According to the NY Times:

G.M.’s announcement comes three weeks after Michigan’s legislature approved tax incentives worth up to $335 million aimed at attracting advanced-battery manufacturers to the state. The credits will be apportioned depending on production volume and other factors. Gov. Jennifer M. Granholm is expected to sign the legislation.