Get the Facts

Impact on Climate Goals

The time to act on climate change is now, and Maine is acting. We already get 80% of our energy from renewable sources, and we have more solar projects in the works than the rest of the country combined. A hostile takeover of CMP and Versant Power proposed in this referendum would bog us down in legal fights and bureaucratic processes for years.

History makes it clear. A government takeover of private utilities is a long, drawn-out process:

It took 13 years to transfer a just portion of Long Island’s electric and natural gas infrastructure to the Long Island Power Authority. 15 years later, the New York Legislature transferred responsibility for all operations back to the private sector.

Legal battles cost the city of Boulder, CO $29 million over ten years before voters finally gave up on their attempt to seize the local utility there.

“I’ve become convinced that pursuing [government power] does not help to move our clean energy goals forward. That’s the first thing. Second, it just takes so long. We need to be acting on climate change now. Our existential crisis is climate change, not utility business models.” 
— Will Toor, former mayor of Boulder and current Director of Energy for the state of Colorado