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Economy

State-owned Alaska corporation approves up to $20 million for potential Arctic refuge oil bid

Economy James Brooks, Alaska Beacon -
AIDEA voted unanimously to spend up to $20 million to prepare and possibly submit bids in an upcoming oil lease sale in ANWR.
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Anchorage Mayor LaFrance calls for more funding for snow-plowing, shelters and child care in first budget proposal

Anchorage Matt Acuña Buxton -
Anchorage Mayor Suzanne LaFrance rolled out her first budget proposal today, outlining increased funding for the city’s homelessness response, snow-plowing and child care.
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Federal judge faults environmental analysis for planned huge gold mine in Western Alaska

Environment Yereth Rosen, Alaska Beacon -
Regulators violated laws when they failed to consider impacts of a catastrophic dam failure before issuing a key permit for the controversial Donlin mine, the judge rules.
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Hilcorp again eyes Interior Alaska for oil exploration

Environment Nathaniel Herz, Northern Journal -
Hilcorp has previously explored in the area in a partnership with Doyon, the Native-owned regional corporation for Interior Alaska. 
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Biden reverses Trump’s effort to end environmental protections for 28 million acres of Alaska

Environment Matt Acuña Buxton -
Interior Secretary Deb Haaland announced today that federal protections against mining, oil and gas development on 28 million acres of federal land in Alaska will stay in place.
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Small Cook Inlet producers say they need state government help before drilling for new natural gas

News Nathaniel Herz, Northern Journal -
One company, Bluecrest, said it will need more support even after a state agency agreed to forgive some $7 million in loans. Another company, HEX, says it needs the state to agree to a royalty reduction before it will drill a well.
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Alaska’s embattled economic development agency signs contracts with seven law firms

Economy Nathaniel Herz, Northern Journal -
AIDEA has long used outside attorneys. What’s new is selecting firms in advance, which the agency's leader says allows work to happen more quickly than going through the state’s procurement process each time an issue comes up.
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Dunleavy reappoints Permanent Fund Corp. board chair Schutt after weeks of uncertainty

Economy James Brooks, Alaska Beacon -
Gov. Mike Dunleavy has reappointed Ethan Schutt to a public seat on the Alaska Permanent Fund Corp.’s board of directors, a little over two weeks after Schutt’s prior term expired.
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New retirees face months of delays in collecting state pensions; state says it is moving to clear backlog

Economy Dermot Cole -
Staff shortages continue to plague Alaska’s government services.
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Mimosas with kickoff? Anchorage now allows restaurants to start serving alcohol at 8 a.m.

Anchorage Matt Acuña Buxton -
Prior to the change, restaurants could not start serving alcohol until 10 a.m., and liquor stores opened at noon on Sundays.
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