AGP Executive Report
Last update: 11 hours agoAlaska LNG Tax Talks: A legislative conference committee met all day Saturday to hammer out a compromise on an Alaska LNG tax break, including whether to pair it with an update to the state corporate income tax—some lawmakers want the tax applied to privately held oil and gas firms, while others, including Gov. Mike Dunleavy and Glenfarne, oppose it. Power for Remote Defense Sites: GVEA is extending its southern grid about 30 miles to connect the Black Rapids Training Site, funded by an OLDCC grant via Alaska Energy Authority, with an Alaska contractor building the line and GVEA handling ongoing maintenance and hookups. Energy Infrastructure Debate: A separate look at the LNG project argues costs and investor caution are driving demands for major tax relief, raising questions about long-term public benefit. Marine Debris Push: Gov. Dunleavy signed a bipartisan marine debris resolution (SJR20) backing federal and local cleanup efforts, citing the scale of derelict fishing gear and storm trash impacts on Alaska’s coasts. Environment Veto: Dunleavy vetoed HB 25, which would have banned polystyrene foam food containers, drawing criticism from environmental advocates. Coast Guard Rescue: U.S., Canadian, and Japanese crews coordinated the rescue of three people from a disabled sailing vessel about 950 miles southwest of Adak, with the Canadian Coast Guard picking them up and transferring them for drop-off in Japan.
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