Energy Transition: New Energies Means New Opportunities for Alaska
Alaska has a strong legacy in the oil and gas industry. Oil’s accessibility, versatility, ease of transport, and relatively low cost fueled our modern society and enabled Alaska to grow and mature in ways impossible without it. It provides us with energy and heat, is a key ingredient to many of the products we depend on daily, and fuels the transportation industry critical to Alaska. While fossil fuels currently power most of the global economy, oil is not our future. In order for Alaska to flourish and thrive in the 21st century, we can’t afford to gamble on an industry on the decline. Driven by economics, technological progress, and overwhelming public pressure, the world is moving away from oil.
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