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Michigan Governor,Granholm Signs Bills for Renewable Fuels Production and Use

December 30th, 2008 | No Comments | Posted in Algae-Energy-Investments

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Governor Jennifer M. Granholm has signed legislation that will advance the state’s efforts to expand the production and use of renewable fuels in Michigan. The eleven bills were part of a series of recommendations from the state’s Renewable Fuels Commission, established in 2006. The legislation includes five additional renewable energy renaissance zones, creation of a Renewable Fuels Fund to promote the production and use of alternative fuels, and new tax incentives for the purchase of equipment capable of harvesting biomass and the conversion of existing gasoline pumps to pumps capable of delivering ethanol, biodiesel or other forms of renewable fuels.

“The next generation of alternative fuel will be produced from non-food sources like wood waste, switchgrass, algae or other waste products,” said Granholm. “Creating incentives to help ensure that the research and production of these next generation fuels are done here in Michigan will help ensure that the jobs created are here, too.”

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