Great Lakes Torn on Energy Policy
An article in this week's Economist examines how the Great Lakes region is torn over energy policy.
On one hand, Great Lakes communities are proving that you don't have to be in the desert southwest to benefit from solar energy. New "green" businesses that produce solar panels or wind turbines are sprouting up in cities like Toledo and Grand Rapids.
However, while this green sector is expanding, it is still only accounts for a small fraction of total employment. Traditional manufacturing, while struggling, still creates more than 15% of the total jobs in Michigan and Indiana.
This dichotomy underscores the debate over the proposed cap-and-trade regime supported by the Obama administration. The policy may further stimulate the growing green segment of the economy, but almost certainly at the expense of the traditional manufacturers that have long been the region's economic bedrock.
Read more in this article from The Economist