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Alaska Lawmakers Looking at Oil, Gas Tax Credit Changes

2016-04-01 14:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Oil and gas tax credits are poised to be the subject of major debate as the Alaska Legislature enters what are supposed to be its final weeks. The oil and gas industry is warning against big changes at a time when the industry is being hit by low oil prices. The state, which has long relied on oil revenues to fund government, is feeling the effects of chronic low prices, too, and lawmakers face some unpopular options, including changes to the dividend that most Alaskans receive each year, as...

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