The process involves removing carbon from resources such as oil, gas, and timber, and making the sale of these energy sources much more valuable.
“Our priority would be to pass both bills this session,” Crowther said.
Erin McKittrick of Ground Truth Alaska urged Alaskans to consider if Dunleavy’s carbon plan will bring in the amount it revenue the administration thus far claims, and, what “unintended consequences” sequestration and capture could render on the environment and economy.Ivy Sponholz, state director of The Nature Conservancy and former Representative, said legislators are faced with a tough issue critical to Alaska’s future.
“People in Alaska — we live off the land, we need to make a living and provide for our families, and we need to have strong healthy economic future, but we can do these things,” Sponholz said. “... We’re talking about capturing and storing carbon, in the governor’s legislation, and then selling a commitment to that storage of carbon on a market.”
Alaska Native Corporations already benefit from carbon credit projects, according to Sponholz, but the legislation is aiming to broaden its reach.When asked about her perspective on carbon management afterof the state legislature on Feb. 17, Rep. Mary Peltola said she is still investigating the topic and exploring what carbon management can achieve for Alaska.
“I am excited that there are new things coming to the fore, where Alaska can research on investment or possible revenues,” Peltola said. “I think it’s definitely something that many of us will be learning as we watch you all going through your proceedings, and I’m happy it’s going through the legislative process.”
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