Mainers See Climate Promise in Ballot Initiative to Create a Statewide Nonprofit Electric Utility

1 year ago 43

The state’s shareholder-owned utilities that would be replaced by a new company mandated to pursue climate goals have outspent its supporters nearly 30 to 1 to stop it.

Maine will vote next month on a plan to replace the state’s two investor-owned electric companies with a statewide nonprofit utility, a proposal supporters describe as an unprecedented potential climate solution. 

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