The money at stake in the battle over CMP’s 145-mile electric line

“…The line is projected to reduce New England’s carbon footprint by around 3 million metric tons a year, which is the equivalent of removing 700,000 cars from the road.

“…Opposing the line in both Massachusetts and Maine regulatory proceedings is NextEra Energy Resources, the world’s largest producer of solar and wind energy, which also has natural gas, nuclear and oil holdings, including oil-fired plants in Yarmouth and South Portland. It also owns a natural gas plant in Massachusetts and a nuclear power plant in New Hampshire.

“It’s unclear how much revenue these companies could lose if the line is completed. The companies listed above either did not respond to questions about how the line would impact their revenues or declined to provide any projections.”

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