Testimony was heard from Anew, a company that maintains a portfolio of organizations engaged in the carbon credit marketplace.
JUNEAU, Alaska - The latest round of testimony Gov. Mike Dunleavy’s proposed bill to open up public lands to a carbon offset program, took place in the House Resources Committee to aid lawmakers working to better understand how it works and how it could impact Alaska.
Proponents of carbon management programs say the carbon credit system is a way to put a price on pollution and incentivize individuals and businesses to reduce their carbon footprint and invest in cleaner technologies. According to the Resource Development Council, the timber industry once dominated Alaska’s economy in the 1970s, until the oil boom instigated major economic and manufacturing shifts in the state.
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