The aim of the MI Healthy Climate Plan is for Michigan to see a boost in clean energy jobs by becoming carbon neutral and reducing greenhouse gas emissions. Gov. Gretchen Whitmer laid out the plan calling for carbon neutrality, which she said is needed not only for the environment and public health but for Michigan’s economic well-being.
Success of the plan hinges on eliminating Michigan’s dependence on fossil fuels from outside the state, allowing workers to benefit from resulting skilled jobs. Adherence to the plan means aiming for carbon neutrality by 2050 and maintaining net negative greenhouse gas emissions after that. The governor said that the state will aim for a 26-28% reduction below 2005 levels in greenhouse gas emissions by 2025.
State Treasurer Rachael Eubanks was part of a media panel where the MI Healthy Climate Plan was discussed. She expressed excitement at being involved, adding, “Treasury’s mission is focused on providing fair and efficient financial services to the long-term fiscal health and stability of our state, and this project directly supports our mission.”
Transitioning to carbon neutrality could cause significant issues, including the possibility of reduced use and closures impacting existing energy-generation facilities. To offset those issues, the governor has enlisted the aid of the Treasury Department in developing the Energy Transition Impact Project. The project will, among other assistance to communities, help develop new growth opportunities and get employees the skills training they need.