The state owes the companies more than $800 million in credits.
Energy & Mining
As the U.S. moves to open ANWR to drilling, Canada says ‘not so fast’
As part of their strategy going forward, opponents to drilling in ANWR are looking beyond Washington, D.C. and across U.S.-Canada border for support.
State wants public input on how to spend Volkswagen settlement money
The $8 million could go towards investments in electric vehicle infrastructure or upgrades to diesel-powered transportation.
Deadline for Northern Dynasty and First Quantum to finalize Pebble option agreement extended, again
First Quantum Minerals and Northern Dynasty on Tuesday announced another delay in finalizing their option agreement. The companies extended the deadline last month to finalize the agreement to April 30. They’ve extended it a second time: the new deadline is May 31.
Fears over caribou, access vs. mining’s economic promise — BLM releases public input on Ambler Road
“I was impressed with the range of comments that we got,” La Marr said. “Comments from the mining industry, comments from environmental groups, a lot of comments from the tribes… comments from people throughout Alaska and people in the lower 48 as well.”
Regulators release 10,000-page environmental document on proposed Donlin mine
The public has 30 days to submit comments on the hefty environmental impact statement for the massive proposed Kuskokwim River area mine.
Alaska Supreme Court weighs legality of Yes for Salmon ballot initiative
Yes for Salmon’s backers want Alaska to toughen the permitting process for mines, dams and other projects in salmon habitat. But during oral arguments, the state argued it goes against the state constitution because it forces the legislature to prioritize salmon habitat over other uses.
Oil prices are up, but how long will it last?
The current price of oil is several dollars higher than state economists predicted, but it doesn’t quite fill the hole in the state’s budget — and, it doesn’t mean oil prices are going to stay up.
Baseline report begins Haines economic development planning
Self-employment is rising in Haines, and personal income growth locally is slightly ahead of the state as a whole, according to an 80-page report on local economic data. It’s the start of a five-year economic development plan for the community.
Offshore lease schedule for Beaufort draws flak
Congressional Democrats sounded the alarm about the Interior Department’s efforts to hold an offshore oil lease sale next year in the Beaufort Sea.