Ed. Note: Yesterday, ten amendments limiting HB 50 – Carbon Storage were defeated in the Alaska legislature, indicating a path to passage. See the comment section for more information.
“To summarize, Alaska’s Carbon Storage bill ranks among the worst of the worst. When was the last time you as an Alaskan were asked if you wanted to participate in a carbon reduction strategy at all, especially considering our limited footprint on the global scale?”
Governor Mike Dunleavy’s “Carbon Management and Monetization Bill Package” is double trouble for Alaska. HB 50/SB 49 – Carbon Storage, introduced by Dunleavy at the beginning of the 33rd session (2023–2024), is coupled with a carbon offset bill, HB 49/SB 48. “The package consists of two pieces of legislation focusing on a carbon offset program; and carbon capture, utilization, and storage (CCUS) program”
The carbon offset legislation (“tree bill”) passed last session despite unanimous public testimony in opposition. The…
“Our utilities are working in collusion with NGOs and ENGOs that promote decarbonization over affordability and reliability. Compromised utility board members will waste no time using this change in statute to gaslight everyone around them into believing this is what is best for them.”
The short title of Alaska’s SB 257 – Electric Utility Regulation refers to a monstrous process of government-on-government:
“An Act relating to the Regulatory Commission of Alaska; relating to public utilities; relating to electric reliability organizations; relating to the Alaska Energy Authority; relating to the Railbelt Transmission Organization; and providing for an effective date.”
This bill was introduced by the Alaska Senate Resources Committee on March 1, 2024. Per the sponsor statement, “Senate Bill 257 lays the groundwork for an electric system that is more affordable, more sustainable, more equitable, a grid that can power a prosperous future for generations of Alaskans to come.”…
“The score for this bill in its present state is a -7 with -9 being the worst, 0 neutral, and +9 being the best for freedom and liberty.”
HB 368 was introduced by Representative George Rauscher, chair of the Special House Energy Committee. Clean Energy Standards (CES) is the evil twin of the Renewable Portfolio Standard, Despite, the claim by this committee that there are no penalties for utilities to contend with, its just smoke-and-mirrors in terms of ratepayer welfare, energy reliability, and economic freedom from energy statism.
On March 22, 2024, the House Special Committee on Energy advanced the bill out of committee by a vote of 4-3 to establish a CES under HB 368. The purpose of the bill is “to establish a clean energy standard that requires certain electric utilities to derive increasing percentages of the utility’s net electricity sales from clean energy sources.”…