Six Reasons Why New Gas Pipelines are the Wrong Choice for Maine
There’s an old saying that if you’re in a hole, you should stop digging. So, why would we consider building new gas pipelines when Maine’s dependence on imported fossil fuels is the primary reason for our high electricity prices?
Pipeline boosters usually fall back on a simplistic Economics 101 argument that more methane gas supply will lower prices. But the facts show it hasn’t.
An Acadia Center analysis shows that: “between 2010 and 2024, gas transmission capacity into New England actually increased by about a third, but gas prices rose nevertheless.” Outside of a textbook in the real world, where regional and global market interactions have complicated effects, the evidence doesn’t support their claims.
To read the full blog from the Natural Resources Council of Maine, click here.