The Alaska Native corporation representing the North Slope has bought two federal leases in the Beaufort sea formerly owned by Shell. That gives the Arctic Slope Regional Corporation, or ASRC, the right to explore for oil and gas in the Arctic Ocean, which has historically been controversial in the region.
As a candidate, President-elect Donald Trump said he’d liberate business by striking as much as 70 percent of federal regulations. Trump vowed to dump Obama-era policies and unleash the energy industry to produce more oil, gas and coal.
Delta Wind Farm President and CEO Mike Craft is taking the Regulatory Commission of Alaska to court. Craft is asking a judge to overturn the commission’s approval of a Golden Valley Electric Association tariff filed last summer, claiming the tariff violates new state regulations intended to help renewable-energy projects like his access the grid.