MACKINAC: Alternative energy is Michigan’s future

Alternative energy is blowing up all over the nation (though, not
literally). And, NextEnergy’s CEO Jim Croce says it’s time for Michigan
to get on board, not just as a participant but as a leader.

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Alternative energy is blowing up all over the nation (though, not
literally). And, NextEnergy’s CEO Jim Croce says it’s time for Michigan
to get on board, not just as a participant but as a leader.

Excerpt:

Croce said that in 2007, U.S. venture-capital investment in alternative
energy was $3.4 billion. That sector was the third-largest area of
total venture-capital investment in North America, with the largest
investments coming in the areas of solar power and energy efficiency,
he said.

In Michigan, alternative energy has the potential to
generate 19,000 jobs through 2020, $1 billion to $2 billion in gross
domestic product, and $5.3 billion in investment potential that’s been
identified in manufacturing alone, Croce said.

Read the entire article here.

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