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Economy

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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Shell abandons North Slope oil leases, raising questions about the industry’s future in Alaska

Environment Nathaniel Herz, Northern Journal -
As the world pivots toward lower-carbon energy sources in response to global warming, experts say some of the state’s hard-to-tap oil prospects are becoming less attractive.
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Eight young Alaskans sue to block proposed trans-Alaska natural gas pipeline

Environment James Brooks, Alaska Beacon -
The plaintiffs say the pipeline will contribute to climate change that harms their ability to access fish, wildlife and natural resources.
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Gov. Dunleavy examining energy bills passed by Alaska Legislature

Environment Yereth Rosen, Alaska Beacon -
The governor expressed optimism about a bill on carbon storage and other energy provisions but was pondering next steps on royalty relief bills that failed to pass.
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This oil platform stopped pumping 30 years ago. Alaska still won’t make the owner tear it down

News Nathaniel Herz, Northern Journal -
Removing all the offshore oil infrastructure from Cook Inlet could cost $1 billion. But some platforms have sat idle for decades, as inspectors say they're in an "advanced state of disrepair."
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Alaska House committee kills state-owned corporation’s plan to borrow up to $300 million

News James Brooks, Alaska Beacon -
The Alaska Industrial Development and Export Authority did not identify specific projects or a timeline for spending
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Senate committee narrowly approves tax on certain oil companies

Economy Matt Acuña Buxton -
An amendment endorsed by the Senate Resources Committee last week could potentially bring Alaska up to $175 million annually in oil and gas revenue.
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AIDEA wants to borrow $300M to bankroll unidentified projects

Economy Dermot Cole -
AIDEA claims that once it decides what to do with the $300 million, there will not be enough time to get approval from the Legislature on the specifics.
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