CHICAGO -- Detroit was dealt a setback this week on the planned $54 million sale of its waste incinerator when the city council rejected new energy purchase contracts essential to completion of the deal.

Mayor Coleman Young called the lack of council approval of the contracts "a serious situation," according to his spokeswoman Teresa Blossom.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.