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Alaska has CCS potential
Alaska Low carbon energy markets Carbon capture Carbon offsets
Stuart Penson
17 January 2023
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Alaska looks to tap carbon markets

US state’s governor proposes legislation to support expansion of CCS and generation of tradeable offsets

Alaskan governor Mike Dunleavy has proposed a package of laws designed to support the state’s entry into global carbon markets. The Carbon Management Bill would authorise the state’s Department of Natural Resources (DNR) to promote and develop CCS and biological sequestration as well as the generation of globally traded carbon offsets. “Shortly, we will introduce our Carbon Management Bill package to launch the state into the emerging carbon market,” says Dunleavy. “Managing this resource is clearly in Alaska’s best interest. It is in alignment with our constitutional mandate to develop all resources. This opportunity does not exclude or negatively impact current industries in Alaska, such a

Also in this section
Letter on carbon: Direct action
22 September 2023
A flurry of interest in direct air capture signals a key role for the technology in the push for net zero
SLB on mission to halve cost of carbon capture
21 September 2023
Technology company says its latest technologies can achieve 30–50% cost reductions at the capture stage
Carbon markets primed for key role in net-zero push
20 September 2023
Curbing emissions globally by using international carbon market mechanisms reduces the cost of mitigation, Andrea Bonzanni, international policy director at the IETA, tells Carbon Economist
UAE energy sector decarbonisation drive intensifies
19 September 2023
Mideast Gulf state keen to highlight progress made on expanding carbon sequestration capacity and diversifying e-fuels production ahead of COP28

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