Thirty Year Transition Period

Transitioning to a zero-carbon energy system essentially requires displacing current expenditures on fossil fuels with capital spending on new renewable energy generation and distribution.

A presentation given yesterday by economist Richard Silkman to the Maine Climate Council’s Energy Working Group, shows how this transition can be accomplished by 2050 within Maine’s current energy spending …

Governor Mills Unveils Ten Year Strategic Economic Development Plan Focused on Promoting Innovation & Attracting Talent

Keying all the way back to the initiative for this that the legislature included in the state budget, this plan has been well stewarded by Commissioner Johnson in partnership with an excellent group of dedicated individuals from business and academic institutions.

With the upcoming session in January, I am …

Maine Projected Revenues Up By $75 Million Through The Rest Of The Two Year Budget

Continuing evidence that state spending in Maine remains at responsible levels and that the two-year budget that we enacted in June was prudent.

The table and graph above shows how state spending has decreased over the past 20 years as a percentage of personal income. (Personal income correlates closely with the state’s Gross Domestic Product …