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Economy

Alaska’s embattled economic development agency approves $700,000 PR budget

Nathaniel Herz, Northern Journal - 0
Amid continuing opposition to its oil drilling and road projects, the Alaska Industrial Development and Export Authority says the public should know about its less controversial small business loan programs.
Commentary

AIDEA discovers reasons to keep $268,000 study secret

Dermot Cole - 0
It was three weeks ago that Randy Ruaro told legislators that he knew of “no reason” why he would continue to keep a $250,000 state-funded study of AIDEA secret.
Commentary

Drop the hysteria: AIDEA reform package has real potential

Dermot Cole - 0
AIDEA’s investment decisions are almost always driven by the politics of whoever is governor at the moment.
Commentary

AIDEA pays consultant again for ‘independent’ analysis that remains secret

Dermot Cole - 0
Northern Economics completed an “independent” $250,000 economic analysis of AIDEA nearly two years ago and was paid in full.
Economy

AIDEA continues to block public release of ‘independent’ study finished in early 2024

Dermot Cole - 0
On April Fools’ Day, the head of AIDEA said the long-delayed $250,000 “independent” review of the agency would be released by mid-April after the contractor inserted revisions prepared and demanded by AIDEA.
News

GOP refusal to balance their budget puts AIDEA and state scholarship fund on the chopping block

Matt Acuña Buxton - 0
The impact on both AIDEA operations and the state’s scholarship program under either scenario isn’t immediately clear.
Economy

AIDEA’s enormous cash reserves can do more to help close state deficit

Dermot Cole - 0
AIDEA has repeatedly boasted that its earnings last year—$65 million—were strong enough that it contributed $20 million to the state general fund.
News

Legislators should demand to see the AIDEA economic analysis today

Dermot Cole - 0
Legislators should demand to see what AIDEA received for the $250,000 contract.
Commentary

AIDEA nows says it doesn’t need $50 million for gas line study

Dermot Cole - 0
Juneau Sen. Jesse Kiehl said something not long ago about how the job of a legislator is often to say no.
Environment

AIDEA made its $50 million gasline study pledge before getting legislative approval

Dermot Cole - 0
The Alaska Gasline Development Corporation can’t find a private company willing to pay $50 million for the final design and engineering work on a proposed gas pipeline unless there is a pledge to get that money back from the state.
Commentary

AIDEA spent $250,000 for an independent economic analysis of AIDEA. AIDEA refuses to release the report.

Dermot Cole - 0
This story was originally published in Reporting From Alaska. The Alaska Industrial Development & Export Authority spent $250,000 of public money to complete an independent...
Economy

Alaska’s embattled economic development agency signs contracts with seven law firms

Nathaniel Herz, Northern Journal - 0
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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