While a Gwich’in Steering Committee leader said the policy “is a first for the American insurance industry and shows leadership to protect sacred lands,” Chubb’s board opposes climate and human rights shareholder resolutions. An Indigenous organization on Monday applauded Chubb for joining global insurers and major banks in refusing to underwrite new fossil fuel development within the […]
This week, Representative Cliff Groh (D-Anchorage) introduced House Bill 153 to increase the oil and gas property tax mill rate which, if passed, would generate significant new revenues and release some of the budget pressure that underpins the legislative tension of recent years. Currently, municipalities can tax up to 20 mills (2%), and if they […]
Washington, DC – U.S. Senators Lisa Murkowski and Dan Sullivan (both R-Alaska) and Representative Mary Peltola (D-Alaska) today welcomed the Biden administration’s decision to reapprove ConocoPhillips’ Willow Project within Alaska’s National Petroleum Reserve (NPRA). After litigation, a court remand, years of supplemental environmental analysis, and a united statewide push in strong support, the administration’s final Record of Decision reapproves an economically viable […]
Drill Pads Reduced by 40%; ConocoPhillips to Relinquish Rights to 68,000 Acres of Existing Leases WASHINGTON – Monday, the Interior Department issued a Record of Decision regarding the proposed Willow Master Development Plan in the National Petroleum Reserve-Alaska (NPR-A). The Department is substantially reducing the size of the project by denying two of the […]