Several previous Cook Inlet lease sales have canceled due to lack of industry interest.
The new investor signed an agreement for even greater potential investment over a two-year period — up to $60 million in total.
It’s been on the table for as long as Alaska has been an energy state, though the costs of constructing the pipeline have long been considered prohibitive.
The paper’s authors say their analysis points to a need for more comprehensive risk consideration for mines to protect salmon watersheds throughout the Northwest.
Members of the public have until 10 p.m. Aug. 29 to state their support for one of five options for the project’s future.
Conservative U.S. Supreme Court justices sided with coal companies in a recent case over the EPA’s authority. But market forces have pushed the ongoing decline of coal power.
Equipment for exploration was stored at the camp.
No one was at the site when the fire burned through the area.
Bill Allen, who was at the pinnacle of wealth and power in Alaska until he was exposed as a central figure in a political corruption scandal, has died.
In a new proposed five-year plan for offshore drilling, the Department of the Interior floated the idea of auctioning off leases to oil and gas companies in the inlet in 2026. That’s in addition to 10 lease sales proposed for the Gulf of Mexico.