JUNEAU – Senator Wielechowski (D-Anchorage) introduced Senate Bill 206, repealing the per barrel tax credits established in 2014 under SB 21. Under current statute, a producer is eligible for up to $8 in tax deductions for each barrel of extracted oil depending on certain conditions, such as the market price of oil. “Recent SEC filings […]
(Kotzebue) — After more than a decade of decline, Alaska’s largest caribou herd is showing signs of growth. Counts of the Western Arctic caribou herd completed recently from aerial photographs taken during last summer’s photo census tallied 239,055 animals, raising the total herd estimate to 259,000. That’s up from 201,000 caribou a year ago. Alaska […]
PETERSBURG — Governor Bill Walker Thursday signed legislation to help increase economic and resource development opportunities in the Petersburg Borough. When it was formed in 2013, the Petersburg Borough received a significantly smaller land grant entitlement from the state than other organized boroughs; Senate Bill 28 rectifies this situation, increasing the land entitlement for Petersburg […]
A new NASA study provides space-based evidence that Earth’s tropical regions were the cause of the largest annual increases in atmospheric carbon dioxide concentration seen in at least 2,000 years. Scientists suspected the 2015-16 El Nino — one of the largest on record — was responsible, but exactly how has been a subject of ongoing […]