Arctic

Anxiety creeps into oil-dependent Alaska as banks step back from Arctic investment

Development in the Arctic is booming as the global climate warms and ice melts. But environmental opposition has come along with it, making some big banks like Goldman Sachs and JPMorgan Chase more reticent about investing.

Goldman Sachs, in Arctic drilling tiff with Dunleavy, hires veteran Juneau lobbyist

After Goldman Sachs announced it would not finance oil drilling in the Arctic, Gov. Mike Dunleavy suggested he could cut off the millions of dollars a year that the state pays the Wall Street firm. Now Goldman is playing defense: Last week, it hired a Juneau lobbyist to represent its interests in Alaska.

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