The Alaska House has passed a bill that would allow the state to set up a system for using state land to sell carbon-offset credits. (via AlaskaBeacon)
, authorizes the Alaska Department of Natural Resources to lease out state land for up to 55 years for the purpose of preserving its powers to absorb atmospheric carbon.
“Today marks an exciting new chapter for natural resources in Alaska with the passage of Governor Mike Dunleavy’s carbon offset bill,” John Boyle, commissioner of the Department of Natural Resources, said in the governor’s release. He credited work by his department and by the Alaska Oil and Gas Conservation Commission.
But at least one legislator, Rep. Andy Josephson, D-Anchorage, described it as good for the Alaska environment, aside from its resource-development qualities.
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