New energy policy hits Gov. Granholm's desk

With proposals on the table from several companies who want to bring billions of dollars of wind, solar, and biofuel energy projects to the state, lawmakers sent a number of bills to the governor for consideration, bills that would provide the financial incentives to lure those businesses, the jobs, and the money to Michigan.

According to excerpts from the story:

LANSING -- With a barrel of oil trading above $140, Michigan's elected officials are betting millions that the state's combination of geography, manufacturing skill and university research will provide economic dividends in alternative energy.

On Saturday around 2 a.m., state lawmakers adjourned for the summer and sent to Gov. Jennifer Granholm bills designed to lure solar energy, wind energy and biofuel projects.

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