Senators want to allow companies to use losses to reduce the taxes they’ll have to pay in the future.
Economy
Newly found disease could threaten Southeast Alaska spruce
A fungus that’s damaged trees in Southcentral and Interior Alaska has been discovered in Southeast. But there’s a chance its spread could be stopped.
City of Sitka postpones hospital town hall to reconsider process
The city has postponed a town hall meeting set for Monday, July 17, on the future of Sitka’s health care to review other options.
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.
Sport fishermen frustrated by king salmon management amidst banner sockeye run
The king run has struggled or at least run late to the frustration of the anglers who line the river’s banks in June and July. Some sportfish operators say they would like to see some changes in the commercial sockeye fishery downstream to help protect the kings.
Hotel owners interested in buying Sitka hospital
The owners of a local hotel and restaurant are interested in purchasing Sitka Community Hospital. Their inquiry comes less than two weeks before the Assembly is scheduled to consider a competing offer by the Southeast Alaska Regional Health Consortium.
Where are Koliganek’s king salmon?
King salmon are conspicuously missing from the nets in the village of Koliganek, which is about 60 miles northwest of Dillingham in Southwest Alaska.
Tongass timber sale short on timber
A large timber sale on the Tongass National Forest is not as large as it was advertised. An environmental watchdog organization has uncovered a U.S. Forest Service document showing a 12-million-board-foot mistake on the Big Thorne timber sale on Prince of Wales Island in Southeast Alaska.