“The actions of Alaska policy makers, led by the governor, are eradicating the free-market principles in our state. A media blackout on the problem has left only citizen-led initiatives driving the train to truth. We the People Alaska publishes an eye-opening substack on many of these topics.”

Alaska’s economy runs on oil and gas. Additionally, oil revenues have accounted for up to 90% of our General Fund revenue. Amid its resource abundance, however, Alaska has a big and growing governmental problem—mostly in Washington, D.C., and increasingly, in local governments trying to appease their federal masters.

Alaska has been in a production decline trend since 1988 when the state accounted for 25 percent of U.S. domestic production. Presently, the Trans-Alaska Pipeline System (TAPS) is running at a quarter of its capacity (485K barrels per day).…

“Why is a conservative pro-development governor pushing for policies that are counterproductive to natural resource development?”

“The Alaska Energy Security Task Force report does not mention maximizing the use of the abundant energy sources we have in our state today, such as coal, in-state refining, or the incentivization of production in the Cook Inlet where, according to the USGS, we are not in a natural gas shortage situation.”

Alaska grift is reaching new levels to comport with the Inflation Reduction Act (aka Green New Deal). Alaska Governor Mike Dunleavy, all-in with Green Globalism, has appointed a energy security task force of cronies who lack real experience in or affinity with the state’s oil and gas sector. Instead of inciting investment in Alaska’s prolific resource base, Biden’s obstruction and subsidy bribery will risk making the state a federal enclave, with its top import being federal dollars.…

“The score for this bill in its present state is a -7 with -9 being the worst, 0 neutral, and +9 being the best for freedom and liberty.”

HB 368 was introduced by Representative George Rauscher, chair of the Special House Energy Committee. Clean Energy Standards (CES) is the evil twin of the Renewable Portfolio Standard, Despite, the claim by this committee that there are no penalties for utilities to contend with, its just smoke-and-mirrors in terms of ratepayer welfare, energy reliability, and economic freedom from energy statism.

On March 22, 2024, the House Special Committee on Energy advanced the bill out of committee by a vote of 4-3 to establish a CES under HB 368.  The purpose of the bill is “to establish a clean energy standard that requires certain electric utilities to derive increasing percentages of the utility’s net electricity sales from clean energy sources.”…

Ed. Note: Yesterday, ten amendments limiting HB 50 – Carbon Storage were defeated in the Alaska legislature, indicating a path to passage. See the comment section for more information.

“To summarize, Alaska’s Carbon Storage bill ranks among the worst of the worst. When was the last time you as an Alaskan were asked if you wanted to participate in a carbon reduction strategy at all, especially considering our limited footprint on the global scale?”

Governor Mike Dunleavy’s “Carbon Management and Monetization Bill Package” is double trouble for Alaska. HB 50/SB 49 – Carbon Storage, introduced by Dunleavy at the beginning of the 33^rd session (2023–2024), is coupled with a carbon offset bill, HB 49/SB 48. “The package consists of two pieces of legislation focusing on a carbon offset program; and carbon capture, utilization, and storage (CCUS) program”

The carbon offset legislation (“tree bill”) passed last session despite unanimous public testimony in opposition. The…