Report: $100 Billion Would Put Northern New England On 80 % Clean Energy
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A group of nonprofits says Northern New England could adopt renewable energy on a large scale – at a cost of $100 billion.
The study, commissioned by the Nature Conservancy and Coastal Enterprises, Inc., says Maine, New Hampshire and Vermont are already spending billions a year to import fossil fuels.
Instead, the report by Vermont Energy Investment Corp. says the states – and their private sectors – could invest $100 billion to cover 80 percent of their energy needs with clean technologies.