Michigan fund created from oil and gas revenues has awarded nearly $1.4bn
Michigan’s Natural Resources Trust Fund is marking 50 years of supporting land conservation and outdoor recreation. Created in 1976 using earnings from state-owned oil, gas and mineral revenues, the fund has awarded nearly $1.4 billion so far. Its latest grants include $6.5 million to acquire nearly 22,650 acres in the Keweenaw Peninsula, along with funding for parks, trails, waterfront areas and…
We haven't written up this one. Times of India has the full story — the link below goes straight to it.