Oil-dependent Alaska has long sought ways to move away from the fiscal whiplash of oil’s boom-and-bust cycles. The newest idea would have the state capitalize on its oil and gas expertise to tap into a developing industry — carbon storage.
People rally in support of renewable energy policies, such as strengthening a renewable energy fund, across from the Alaska Capitol on Friday, Feb. 3, 2023, in Juneau, Alaska. Some environmentalists are skeptical of legislation proposed by Gov. Mike Dunleavy that aims to capitalize on carbon storage and carbon markets. People rally in support of renewable energy policies, such as strengthening a renewable energy fund, across from the Alaska Capitol on Friday, Feb. 3, 2023, in Juneau, Alaska.
JUNEAU, Alaska — Oil-dependent Alaska has long sought ways to fatten its coffers and move away from the fiscal whiplash of oil’s boom-and-bust cycles. The newest idea, promoted by Republican Gov. Mike Dunleavy, would have the state capitalize on its oil and gas expertise to tap into a developing industry —
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