The solar arrays planned for Shungnak and Kobuk is the latest renewable project for a region routinely struck by high energy costs.
Gov. Mike Dunleavy wants the state government to sever its ties with financial institutions that won’t finance oil and gas development in the Arctic.
The suit alleges Northern Dynasty misled the public and violated the Securities Exchange Act of 1934. That act is aimed at promoting greater transparency and requires that companies disclose relevant financial information.
A three-judge panel of the 9th Circuit Court of Appeals agreed with environmental groups, saying the agency’s review of drilling impacts was inadequate.
The Cold War-era Ross-Adams Mine hasn’t produced uranium for nearly 50 years, and state regulators have been working to have the radioactive site on Prince of Wales Island cleaned up since the 1990s.
For opponents of the project, the Army Corps’ decision released a wave of relief. For those who backed the project, the decision comes as a harsh blow.
In a last-minute push, the Trump administration announced Thursday that it will auction off drilling rights in the Arctic National Wildlife Refuge in just over a month, setting up a final showdown with opponents before President-elect Joe Biden takes office.
The hydro project’s proponents hope it will lower the cost of energy and bring the community one step closer to energy independence.
Pebble Limited Partnership says it’s not giving up on the project, which would have been one of North America’s largest open-pit mines.
The Trump administration is close to auctioning off drilling rights for the land in northeast Alaska — potentially just days before President-elect Joe Biden takes office in January. But to what degree will the industry participate?