Bills aimed at reducing energy costs, boosting Cook Inlet gas and carbon storage advance in Legislature’s final days

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The bills were initially proposed by Gov. Mike Dunleavy and now contain several other proposals. They're up for final votes soon.

Two high-priority energy bills aimed at boosting Cook Inlet gas production, sequestering carbon dioxide and lowering consumer costs appear headed for final passage in the Alaska Legislature. Both bills were initially proposed by Gov. Mike Dunleavy and now contain a number of other proposals.around various communities on the Railbelt. It would also make it easier and cheaper to bring new energy sources on the grid, especially for independent power producers.

“Carbon capture, utilization and storage is an expanding industry that companies are beginning to commit billions of dollars to invest in,” Stedman said. “SB 50 will allow Alaska to take part in that.” said it was interested in drilling an offshore gas well to access a gas deposit in the Cosmopolitan Unit

 

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