Via AlaskaBeacon: Alaska raises hundreds of millions of dollars each year through the sale of oil that when burned contributes to climate change. Now the state is looking to also make money by preventing some of these gasses from entering the atmosphere.
, developed forest carbon projects several years ago. And research has shown seaweed cultivation could be a carbon removal strategy.
Meredith Trainor, executive director for Southeast Alaska Conservation Council, said the organization is encouraged to hear the governor thinking about the opportunities presented by carbon sequestration in Alaska, “but, of course, the devil is in the details.” Dunleavy said he hopes to see action on a broad bill that will enable the state to start to entertain potential contracts with entities. No potential entities at this point have been identified, his office said later.“For years the conversation on revenue was: Whose ox are we going to gore? Are we going to do an income tax on the people of Alaska.
State Sen. Bert Stedman, R-Sitka, doesn’t think revenue from carbon sequestration will come in that quickly.
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Alaska, source of carbon-emitting fossil fuels, aims to raise money by storing carbonThe state raises hundreds of millions of dollars each year through the sale of oil that when burned contributes to climate change. Now it's looking to also make money by preventing some of these gasses from entering the atmosphere. (via AlaskaBeacon)
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Dunleavy offers $7.3 billion Alaska budget, opening negotiations with wary legislatorsThe biggest single expense is $2.5 billion for Permanent Fund dividends — enough for a payment of about $3,860 per recipient next fall. (via AlaskaBeacon)
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Dunleavy offers $7.3 billion Alaska budget, opening negotiations with wary legislators“Next week, we could be up another 17%, 20% in oil prices and revenue, depending on the chaotic conditions in the world. We could be down 20%. So this, again, is a beginning budget and we look forward to the discussions,” Dunleavy said. From AlaskaBeacon
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Gov. Dunleavy's proposed budget continues yearslong trend of flat funding for Alaska schoolsGov. Mike Dunleavy’s proposed budget for next fiscal year keeps education funding for K-12 schools the same as this year. Alaska school districts have decried the continued flat funding, saying it’s leading to large budget deficits.
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Alaska gov unveils budget plan, touts carbon sequestrationJUNEAU, Alaska (AP) — Gov. Mike Dunleavy on Thursday proposed a dividend for residents from Alaska's oil-wealth fund in line with a formula that lawmakers haven't followed in years and said he intends to pursue carbon sequestration as a “promising” potential source of new state revenue.
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Gov. Mike DeWine concerned about turnover of Ohio State presidentsGov. Mike DeWine answered questions about Ohio State University's next president, bills heading to his desk, Amtrak expansion and more.
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