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Alaska LNG Deal in Limbo | Anchorage News
Description
Alaska’s third special legislative session kicks off with high stakes: a massive LNG project and a potential multibillion-dollar tax cut hang in the balance. With only a few lawmakers in attendance and no clear bill yet, the governor’s next move is crucial. Disagreements over expanding the corporate income tax have stalled progress, with the Senate pushing for it and the House resisting. The $55 billion pipeline, vital for Alaska’s energy future and export potential, faces looming natural gas shortages. With elections looming and no deal in sight, all eyes are on the governor to rally the fractured legislature — or risk losing this year’s chance to move forward.
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