Maine governor: Don't be fooled by summer
In his weekly radio address, the governor says Maine families use 90 percent of their energy budgets to heat their homes and operate vehicles. Baldacci says Mainers are fed up with high oil prices — and that's why the state's taken steps to encourage conservation and develop renewable energy sources, such as wind power.
In the Republican response, Senate Minority leader Kevin Raye of Perry has a similar energy message.
Raye says corridors that would transport energy produced in New Brunswick through Maine to lucrative southern New England markets need to be scrutinized so their benefit to Maine people can be maximized.
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Pandemic has already cost Hydro-Québec $130 million, CEO says
MONTREAL - Hydro-Québec expects the coronavirus pandemic to chop “hundreds of millions of dollars” off 2020 profits, its new chief executive officer said.
COVID-19 has depressed revenue by about $130 million between March and June, Sophie Brochu said Monday. Shrinking electricity exports to the U.S. northeast are poised to compound the shortfall, she said.
“What we’re living through is not small. The impacts are real,” Brochu said on a conference call with reporters. “I’m not talking about a billion. I’m talking about hundreds of millions. We have no idea how quickly the economy will restart. As we approach the fall we will…
