by Mike Dunleavy, Fox News
America’s economic future hinges on energy security, supply chain resilience, and strategic investment in infrastructure. As global markets shift and federal policymakers seek solutions to boost U.S. competitiveness, Alaska has implemented policies that enhance economic resilience, attract investment, and solidify our role as a key driver of national growth.
Under the Biden administration, burdensome regulations and restrictive permitting processes hindered growth, deterring investment and delaying key infrastructure projects. However, with the Trump administration once again acting as a force multiplier for economic expansion, Alaska is making tremendous strides to unlock its full potential.
Alaska’s competitive advantages are rooted in a framework designed to ensure responsible resource development while prioritizing economic growth. Our vast reserves of oil, gas, timber, and minerals provide reliable access to critical resources essential to manufacturing, defense, and technology industries.
Since the Trump administration took office, Alaska has made significant progress in streamlining permitting processes, reducing bureaucratic obstacles that have historically stifled investment. The Alaska LNG project, a cornerstone of our long-term energy strategy, is now advancing with critical federal approvals, allowing us to bring American natural gas to global markets including Japan, the Philippines, and Taiwan, which recently signed a letter of intent to purchase LNG.
Unlike restrictive mandates that stifle innovation, our approach, The Alaska Standard balances resource development with conservation, ensuring long-term sustainability while maximizing economic opportunity. This model reinforces that responsible development and environmental stewardship can coexist, benefiting both present and future generations. Our constitutionally protected Permanent Fund Dividend is a direct example of how Alaska ensures that the benefits of resource development flow directly to its people rather than enriching foreign adversaries.
Alaska is taking decisive action to enhance economic vitality and competitiveness. Whether through energy, mining, technology, aerospace or infrastructure, we are creating an environment where investment is not only welcomed but encouraged. The progress being made today is a testament to what is possible when state and federal policies align to support innovation, growth, and opportunity.
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