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Norway Policy Tour Resolution Introduced

HCR 19 Acknowledges Lessons Learned From 2011 Tour

 

Monday, January 23, 2012, Juneau, Alaska – Economic Development, Trade & Tourism Special Committee Chair Bob Herron recently introduced House Concurrent Resolution 19, which would acknowledge the lessons learned from the 2011 Norway Policy Tour and encourage investment in the state’s oil and gas industry. The tour, organized as an educational tool by the Institute of the North, consisted of 45 Alaskans, including legislators, oil industry representatives, renewable energy advocates, local government representatives, and investors.

Herron said the hope of this resolution is to create a discussion among legislators that could lead to legislation being introduced based on the “Norway model” that would improve how Alaska regulates its oil industry.

“The Norwegians enjoy robust investment in their oil fields,” Herron, D-Bethel, said. “The resolution asks the Legislature to carefully consider any aspects of the Norwegian model that could be applied in Alaska to increase oil production.” HCR 19 also recommends that the state supports conferences regarding Arctic investment and involvement in the Arctic Council, which is a high-level intergovernmental forum to promote cooperation, coordination and interaction among the Arctic States.

The Economic Development, Trade & Tourism Special Committee will hear HCR 19 this Thursday, Jan. 26, 2012, at 10:15 a.m. in the Barnes committee room, Capitol Rm 124. Reps. Bryce Edgmon, D-Dillingham, and Paul Seaton, R-Homer, will also be present during the hearing.

“We identified several policies in Norway that could be very beneficial if utilized by Alaska,” Seaton said. “Not everything from Norway would translate to Alaska but some significant issues could enhance our productivity as a world class oil and gas region.”

“There are several features of Norway’s approach to oil and gas development that if properly adapted might bring very significant benefits to Alaska,” said Edgmon.

There will be a House Resources Committee “Lunch & Learn” immediately following the HEDTT committee with a presentation from Institute of the North. The presentation will tie in with Herron’s HCR 19. The event is open to the public and will be teleconferenced for interested Alaskans who are unable to attend.

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