WASHINGTON- The Senate voted Thursday to repeal a $6 billion tax credit for ethanol producers, a move that could signal the end of some federal subsidies as part of an eventual budget and debt-ceiling compromise. Most Democrats and a number of Republicans supported an end to the subsidy, in a 73-27 vote. The subsidy gives
OAK PARK ? Azure Dynamics, which makes hybrid electric truck powertrains, continues to lose money, but also is posting record orders in the first quarter ended March 31. The company?s first quarter revenue was just $1.4 million, down from $2.8 million a year earlier. And its loss jumped to $9.1 million or 1 cent a
LANSING - Michigan Biotechnology Institute was selected for up to $4.3 million from the federal government to improve pre-treatment processes in biofuels development. The award is part of up to $36 million from the Obama Administration that will advance the technology improvements and process integration needed to produce drop-in advanced biofuels and other valuable bio-based
DEARBORN - Ford has announced that they're joining the ranks of automakers producing an eight-speed transmission, and they've also announced production of an electronic continuously variable transmission for hybrid vehicles. Both transmissions are Ford-designed and Ford-built, unlike some transmission offerings from Ford today. The Car Connection.Com reports Ford already has the distinction of offering more
LANSING - The Michigan Saves Home Energy Loan Program will be able to offer loans up to $20,000 beginning June 1 under an order approved by the Public Service Commission on Thursday. The program, currently limited to loans between $1,000 and $12,500, provides low-interest notes through participating lenders to assist homeowners with energy efficiency upgrades.
OAK PARK - Azure Dynamics Corp., a developer of hybrid and electric truck powertrains, said it sold 27 Ford Transit Connect Electric vans. Included were a five unit sale to returning customer FedEx Express, a four unit sale to the City of Toronto, a three unit sale to DTE Energy, and 15 unit sales to
DETROIT - June's First Friday networking event at NextEnergy features successful Detroit entrepreneurs who've plugged into the green movement offering tips on opportunities for entrepreneurs like you. Featured speakers: Carla Walker-Miller, President and CEO, Walker-Miller Energy Services. Todd Scott, Detroit Greenways Coordinator, Michigan Trails and Greenways Alliance. Jim Saber, Vice President, Business Development and Government
LANSING - There are three major problems in Michigan and labor and environmental activists united Wednesday to back environmentally friendly jobs as a way to solve all three issues at once, said officials with the BlueGreen Alliance at a news conference Wednesday. "There are three crises in Michigan," said Mark Schauer, a former U.S. House
ANN ARBOR - Doug Selby, President of Meadowlark Builders has been named a finalist for the prestigious 2011 Fred Case Remodeling Entrepreneur of the Year Award. Selby was chosen by a highly esteemed panel of judges from Case Design/Remodeling, Inc., Hanley-Wood and Harvard University?s Joint Center for Housing Studies. The judging was based on four
LANSING - Citizens and environmental groups have joined forces in an attempt to slow down the natural gas rush they say is underway in Michigan. Representatives of Clean Water Action, the Sierra Club and Progress Michigan want hydraulic fracturing methods used to extract gas from deep wells stopped until safety and health concerns are addressed