Anchorage Republican Sen. Cathy Giessel said, “I believe we have come to an agreement. We’re still working out details, but I feel very optimistic.”
Energy & Mining
Special session nears end without public progress on oil taxes
Senators want to allow companies to use losses to reduce the taxes they’ll have to pay in the future.
Facing global gas glut, ConocoPhillips to mothball Kenai LNG plant
ConocoPhillips hasn’t found a buyer for its liquefied natural gas plant on the Kenai Peninsula. Now, a company spokesperson said it’s going to save expenses by mothballing the facility this fall.
Far apart politically and geographically, lawmakers talk oil and gas taxes
Most senators met in Juneau for a floor session for the first time since the Legislature passed the budget on June 22. But most House majority members were out of town.
EPA takes step toward ending ‘pre-emptive veto’ of Pebble Mine
The Environmental Protection Agency announced its intention to reverse course on an action that would have thwarted the proposed Pebble mine in the Bristol Bay watershed.
Enstar Natural Gas asks for permission to boost residential rates
Southcentral Alaska’s only gas supplier wants to boost residential bills by 4.6 percent to pay for mostly infrastructure investments.
Hollis French to chair state oil and gas commission
Gov. Bill Walker has appointed Hollis French to lead a state agency that oversees oil and gas production and enforces industry safety rules.
After months of fighting, House offers Senate a compromise on oil and gas tax credits
After five months of back and forth, the legislature may be close to compromising on changes to the state’s oil and gas tax credit system.
New Anchorage power plant improves efficiency and reliability, increases rates
Municipal Light and Power estimates that the efficiency improvements will reduce fuel costs by more than $8 million annually. The Regulatory Commission of Alaska approved an interim rate increase to offset the cost of the new plant.
‘G19’ nations affirm climate plan, acknowledging U.S. withdrawal
Noting President Trump’s stance, a declaration states, “The leaders of the other G20 members state that the Paris Agreement is irreversible.”