Governor Sean Parnell recently signed legislation creating a statewide energy policy designed to create jobs and stimulate the economy while recognizing the value of fossil fuel for Alaska’s economy.
House Bill 306 establishes an energy policy to guide the lawmakers, utilities, and Alaskans toward the goal of providing more affordable, abundant, and reliable energy. It sets a goal for Alaska to generate 50 percent of its electricity through renewable resources by 2025, primarily through hydroelectric projects.
Senate Bill 220, the Alaska Sustainable Energy Act, implements a statewide energy policy that identifies Alaska’s vast renewable energy potential yet recognizes the importance of Alaska’s fossil fuel resources. The bill includes a broad range of policy tools designed to attract investment in Alaska’s energy sector and stimulate the economy.
INFO: Contact Governor Parnell’s office at 907-269-7450.