The Acadia Center, a regional environmental group based in Rockport, recommends 500 new inter- and intracity electric buses for Maine at a cost of $750,000 each.

The center’s Jordan Stutt told me that this very large expense ($375 million, plus the cost of electricity-charging stations) could be financed by a “cap-and-invest” (a.k.a. cap-and-trade) agreement with oil companies similar to the existing emissions-trading agreements between power plants and 11 Northeastern states, including Maine, known as the Regional Greenhouse Gas Initiative (RGGI).

Read the full article from The Free Press here.