Governor Dunleavy Signs Carbon Offset Legislation

Press Release

Governor Mike Dunleavy: "Today is a historic day for Alaska. Our constitution requires us to develop, utilize and conserve Alaska's natural resources for the maximum benefit of the people. This legislation allows us to do that in a new way and will generate new revenue for the state without taxing Alaskans or Alaskan businesses.

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Commissioner John Boyle: Senate Bill 48 empowers the State of Alaska to grow our economy by more fully utilizing the state's forests and tidelands. By incentivizing active forest management through carbon offset projects, we can increase the health and productivity of our forests, reduce wildfire risk, and create new jobs and opportunities for Alaskans across the state. I'd like to thank Governor Dunleavy and the legislature for recognizing this nascent opportunity and setting a new benchmark for environmental stewardship and responsible resource development."

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