Senate Majority Coalition Website

State Senator District E

 

Senator Cathy Giessel Newsletter

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Issues affecting

your family, community and jobs.

 

 

July 13, 2023

 

 

Dear Friends and Neighbors,

 

Jeremy Narus and Rowan Wollrich are two of Alaska’s finest promising young leaders. I am so proud to know them.

Jeremy and Rowan are freshman, enrolled in the leadership program at South High School. One of their assignments in the 2022-2023 school year was to prepare a research paper and exhibit on a public policy issue. They chose the Alaska Permanent Fund as the topic for their project. They did extensive research that included personal interviews with public policy leaders, past and present.

This project went on to be selected to compete in the National History Day Competition.

 

Not only did they go to DC for the competition, their project was select to be displayed at the Smithsonian Museum of American History in DC!

Our two US Senators and US Representative came to the Museum to see their display of the Alaska Permanent Fun research project and to congratulate the boys.

 

I met with Jeremy and Rowan and their moms and it was exciting to hear about the competition and DC experiences. I had obtained an Alaska Legislature Citation for each of them as a congratulations from our State.

This is a huge accomplishment for these two freshmen! I'm excited to watch them grow into Alaska leaders. My hope is that we, as a State, can provide the kind of economic and social opportunities and environment that keeps these two Alaskans here, living, working and leading our State in the future.

 

 

 

Items in this Newsletter:

·     Alaska Delegation Internship Opportunities for Students

·     Energy Symposium - free, weekly, webinars

·     Current Topics, Economy, Health Care, Energy

·     Alaska Economic Trends - July, Cost of Living

·     Alaska History

·     Resource Values, Permanent Fund

 

 

Alaska Delegation Internship Opportunities for Students

Full-time and part-time internship positions are available during the spring, summer and fall semesters for students currently enrolled in a college program, or recently graduated from college. College credit may be provided upon request. College Interns assist in the day-to-day clerical and administrative tasks within the office such as directing mail, speaking with constituents, and assisting staff with projects. Interns gain insight into the workings of a Senate office and how the legislative process works. Candidates should possess strong writing and research skills.

 

Senator Lisa Murkowski's Office

 

Senator Dan Sullivan's Office

 

Representative Mary Peltola's Office

 

 

 

Alaska has a competitive edge in energy exports

 

Dreams of an Alaskan gas export boom have been revived as geopolitical tensions create an opening to the world’s biggest market for it: Asia.

 

The state boasts an ocean of oil and gas frozen in place. But tapping its vast and remote resources is not for the faint of heart or wallet.

 

Bloomberg Opinion columnist Liam Denning explains what's made Alaskan gas suddenly appealing.

 

 

 

Alaska Energy Security Task Force Energy Symposiums, Thursday, July 13-August 31.

 

Alaska Energy Security Task Force Energy Symposiums

 

The Alaska Center for Energy and Power (ACEP) will host a series of weekly topic specific symposiums to provide information to the Alaska Energy Security Task Force on issues relevant to developing a comprehensive statewide energy plan.

Weekly webinars will be presented virtually on Thursdays, from July 13 through August 31 as follows:

 

Future Natural Gas Supply for the Alaska Railbelt

Thursday, July 13, 2023, 11:00 am – 2:00 pm.

Join Zoom Meeting:

https://alaska.zoom.us/j/87596890686?pwd=VTdWWFM5M1AydVp2eTU2bkdxR2RvZz09

 

Alaska Rural Energy: Challenges and Opportunities for Reducing the Cost of Energy

Thursday, July 20, 2023, 11:00 am – 1:00 pm.

Join Zoom Meeting:

https://alaska.zoom.us/j/87596890686?pwd=VTdWWFM5M1AydVp2eTU2bkdxR2RvZz09

 

Alaska Energy Statistics & Economics

Thursday, July 27, 2023, 11:00 am – 1:00 pm.

Join Zoom Meeting:

https://alaska.zoom.us/j/87596890686?pwd=VTdWWFM5M1AydVp2eTU2bkdxR2RvZz09

 

Railbelt Hydropower Development & Financing

Thursday, August 3, 2023, 11:00 am – 1:00 pm

Join Zoom Meeting:

https://alaska.zoom.us/j/87596890686?pwd=VTdWWFM5M1AydVp2eTU2bkdxR2RvZz09

 

Overview of Alaska’s Energy Policy & Planning Foundation

Thursday, August 10, 2023, 11:00 am – 1:00 pm

Join Zoom Meeting:

https://alaska.zoom.us/j/87596890686?pwd=VTdWWFM5M1AydVp2eTU2bkdxR2RvZz09

 

Transmission & Storage: Building a More Resilient, Reliable Grid

Thursday, August 17, 2023, 11:00 am – 1:00 pm

Join Zoom Meeting:

https://alaska.zoom.us/j/87596890686?pwd=VTdWWFM5M1AydVp2eTU2bkdxR2RvZz09

 

Emerging Technologies & Opportunities for Alaska

Thursday, August 24, 2023, 11:00 am – 1:00 pm

Join Zoom Meeting:

https://alaska.zoom.us/j/87596890686?pwd=VTdWWFM5M1AydVp2eTU2bkdxR2RvZz09

 

Grid of the Future

Thursday, August 31, 2023, 11:00 am – 1:00 pm

Join Zoom Meeting:

https://alaska.zoom.us/j/87596890686?pwd=VTdWWFM5M1AydVp2eTU2bkdxR2RvZz09

 

 

 

 

Current Topics

A white raven has appeared on the Kenai Peninsula. Alaska Public Media

“It’s an omen, or it’s a curse, or it’s a blessing, but mainly it’s ‘some sort of change is about in the world,’” he said. “Whether it’s good or bad depends on the tradition.”

 

U.S. Forest Service awards grants to boost Tongass logging. Alaska Public Media

The U.S. Forest Service awarded grants this summer that could help revitalize the logging industry in the Tongass National Forest. Two businesses in Southeast Alaska have received hundreds of thousands of dollars to retool their mills, which could help tackle housing shortages in local communities.

 

State of Art: Want a free Sydney Laurence print? Head to the Anchorage Library. Alaska Public Media

Former city mayor and the library’s namesake, Zachariah Joshua Loussac, left his collection of paintings by the famous landscape artist to the city of Anchorage to be displayed at the library.

 

Local Alaskan veteran service organizer considered top 50 in nation. Alaska's News Source

Bonnie Carroll, founder of the nonprofit Tragedy Assistance Program for Survivors (T.A.P.S.), was recently named one of the Nation’s Finest 50, a newly founded recognition initiative by one of the largest veterans services organizations in the United States — Nation’s Finest.  Carroll founded T.A.P.S. after her husband, Brig. Gen. Tom Carroll, was killed in a 1992 Army National Guard plane crash in Juneau and she realized there was a lack of resources for grieving military families.

 

 

Economy

A new 22-year high for prime-age workers. Axios

One of the best pieces of June numbers news was a new multidecade high in the share of people employed in their prime working years. (My comment: Sadly in Alaska we are still seeing working age people, and their families, leaving Alaska.)

 

New Options for Retirement Savings. National Council of State Legislatures

This is an important PODCAST for all ages to hear and consider.

 

Bear in a China shop. Axios

Imports from China to the U.S. totaled $130 billion over the four months from February through May. That's down 25% from $175 billion a year ago. 

Both as a percentage of total imports and as a percentage of GDP, Chinese imports are now at the lowest they've been in 20 years. (My comment: This is good. US manufacturing ramp-up is a good thing for national security and our economy.)

 

The shrinking* trade deficit. Axios

Trade between the U.S. and China is shrinking, says Setser, but "the deep diversification of supply chains that is now sought by U.S. policy is only just starting."

 

Charted: Jobs record for women. Axios

Nationally: The share of women in their prime working years (ages 25-54) who are either working or looking for work is at a record high of 77.8% for the third consecutive month, per the jobs data out Friday.

(My comment: I asked Alaska Dept. of Labor about women’s employment numbers but…they don’t have any specific data at this time on women’s employment numbers.)

 

Fairbanks elementary school secures $8 million in federal grant money for renovations. Alaska Beacon

Fairbanks North Star Borough School District found a solution to renovate one elementary school: it’s been awarded a significant federal grant totaling $8 million. Governor Dunleavy vetoes school deferred maintenance funds for schools around the state.

 

States Face $334.3 Billion Shortfall Over 20 Years Due to Insufficient Retirement Savings. Pew Trusts

Although most Americans save for retirement through employer-provided plans, 56 million private sector workers lack access to such an opportunity to save at work. Many employers, particularly small businesses, find themselves unable to provide retirement benefits because of high startup costs and limited administrative capacity. And that leaves state governments grappling with a critical question: What happens when their residents don’t have enough money to retire?

 

Mexico is now the top U.S. trade partner. Axios

Mexico supplanted China this year as the United States' top trading partner. Why it matters: The milestone reflects a real shift in the dynamics of the global economy — away from prioritizing low prices and greater efficiency (via super fragile supply chains) to something more nuanced.

(My comment: Mexico is educating large numbers of engineers, especially in the geology track. Critical minerals are a top US need.)

 

 

Fisheries

Fish and Game says local setnet study may solve decades long struggle. Peninsula Clarion

A study of setnet harvest selectivity for sockeye and king salmon will be conducted by the Department of Fish and Game on a Kenai Peninsula setnet site. The study would test a new net design that is intended to better target “abundant” sockeye while reducing harvest on the “weaker” chinook, a Thursday press release from the department says.

 

 

Politics

Governor Dunleavy Signs HB 56, HB 112 At Ceremony In Soldotna. Radio Kenai

HB 112 is the culmination of a multi-year, collaborative effort with the Alaska Board of Pharmacy, and the Alaska Pharmacist Association aiming to modernize pharmacy statutes in the State of Alaska. Highlights of HB 112 include: authority for pharmacists to prescribe epinephrine auto-injectors, alignment of statute with the Drug Supply Chain Security Act (DSCSA), and the addition of Board oversight of internet pharmacies.

 

Questions on minimum wage, paid sick leave and campaign funding could be heading to Alaska voters. Alaska Beacon

Proposed ballot measures would raise Alaska minimum wage, add mandatory paid sick leave, as well as limit campaign contributions and state spending on party candidate nominations.

 

Wyoming, Colorado to partner on developing carbon capture technologies. The Hill

The governors of Wyoming and Colorado signed a memorandum of understanding Wednesday for interstate collaboration on the development of carbon capture technologies. The bipartisan partnership, signed by Govs. Mark Gordon (R-Wyo.) and Jared Polis (D-Colo.), will explore the potential of these emerging tools to complement existing and future industries while boosting economic growth and reducing greenhouse gas emissions in both states.

 

 

Health Care

Would-be child care providers in remote Alaska say it's all but impossible to get a state license. Alaska Beacon

Kotzebue’s child care center closed more than a decade ago, and the community hasn’t had one since. Tracey Schaeffer and her daughter Bailey are trying to change that. They are tribally exempt child care providers through the Maniilaq Association of northwestern tribes, which would allow them to watch four children. But they’ve been working to get a state license, which would increase their capacity to 12 kids, since November and still haven’t gotten the certification they need to open their doors.

My Comment: This is because State can’t hire and retain adequate employees to provide services Alaskans want and need.

 

Most states plan to continue Medicaid Home and Community-Base flexibilities implemented during the Public Health Emergency. National Academy for State Health Policy

During the COVID-19 public health emergency (PHE), states received approval from the federal government to implement Appendix K amendments to 1915(c) home-and community-based waivers and 1115 demonstration waivers to ensure that Medicaid beneficiaries were able to receive needed services during the pandemic. With the end of the COVID-19 PHE declaration on May 11, 2023, states must decide if and what types of flexibilities will be sustained long-term.

(My comment: The chart in this article isn’t totally accurate, partly because the Governor has not signed the bill yet. SB 57 was a Governor bill; I combined my SB 106 to make it more comprehensive. Together, when the Governor signs his own bill, it will do the things below.)

·     Allow Medicaid payment to parents, spouses, and/or legally responsible individuals

·     Increase Medicaid payment rates for direct care workers, such as personal care aides, home care aides, and/or certified nursing assistants — at least 22 states

·     Add or expand assistive technology services, such as expanding definitions of assistive technology to include internet and remote support, developing assistive technology pilot programs, or raising spending limit caps

·     Allow remote or virtual options to conduct evaluations, assessments, and person-centered service planning meetings

·     Add an electronic method of signing required documents — at least 14 states

·     Expand access to self-direction in addition to flexibilities on allowing payment to parents, spouses, relatives, and/or legally responsible persons

·     Allow foster care homes to transition to home health homes

 

State Pharmacy Benefit Manager Legislation. National Academy for State Health Policy

You may not be aware of a behind-the-scenes cost-driver for your medications. The entities are called Pharmacy Benefit Managers (PBM). They are the “middle man” in the transaction between you and the drug manufacturer. PBMs scoop up huge amounts of money that can had through drug discounts, given by manufacturers, that PBMs don’t passed on to you. PBMs also limit what they reimburse your pharmacist for the medication dispensed to you, pocketing the difference themselves. PBMs are $Billion corporations. They make more profit than oil companies, but few people are aware of them.

In 2018, then Rep. David Guttenburg and I accomplished passage of HB 240, a bill I had worked on for the previous 5 years. It reined in PBMs in Alaska. But…PBMs have found work-arounds and continue to threaten the financial viability of our independent pharmacies. That’s why, this year I’ve introduced SB 121 to limit these hidden thieves even more.

Congress is also advancing pharmacy benefit manager legislation in the 2023 session. The chart in the below article provides a snapshot of common provisions in state PBM legislation through 2022. To learn more about each provision, check out the overview table below the chart, which includes definitions and a list of states that have passed legislation with each provision.

Passage of my bill, SB 121, and the federal work by Congress, would result in significant savings to all citizens for prescription medications.

 

 

Alaska History

·     July 9, 1958 - 800 foot tidal wave devastated Lituga Bay (a fjord located on the Fairweather Fault in NE Gulf of Alaska)

·      

·     July 10, 1915 - first Anchorage land auction held

·      

·     July 14, 1868 - US House approved funds to buy Alaska from Russia (113-43 votes)

 

 

Alaska Oil Resource Values

 

Alaska North Slope crude oil price (7/11/23): $81.41

 

FY24 budget (begins 7/1) is fully funded at forecast $73/barrel oil.

Price on 9/30/22: $86.91

Price on 6/29/22: $116.84

Price on 3/8/22: $125.44

Price on 12/22/21: $75.55

ANS production (7/11/23): 441,761 bpd

 

 

Alaska Has Competitive Edge in Energy Exports. Axios

YouTube Video

 

Kenai Gas Development Approved. Petroleum News

Alaska's Division of Oil and Gas has approved Hilcorp Alaska's 2023-2024 plan of development for the Ninilchik gas field, on the west coast of the Kenai Peninsula.

 

Mineral threat, oil investments, Tesla. Axios

"Even with the current decarbonization trajectory trending toward 2.4° Celsius, the supply of many minerals and metals embedded in key lower-carbon technologies will face a shortage by 2030.”

 

Electric utilities for Anchorage and Mat-Su install $63 million Tesla battery system. ADN

Two Southcentral Alaska utilities have installed a giant Tesla battery system in Anchorage to provide power more efficiently. They say it will save an estimated $121 million over 15 years, leading to modest savings for customers.

 

Trouble with tap water. Axios

At least 45% of U.S. tap water is estimated to be contaminated with "forever chemicals," according to new U.S. Geological Survey research.

 

What's in a name? The Tesla. Nist

Tesla - more than a car

 

Mixed Verdict on Mineral Supplies. Axios

major analysis finds good and bad news about minerals that power climate-friendly energy and transport. Why it matters: Plenty has to break the right way for supplies to meet nations' climate pledges, the IEA said, citing potential delays and cost overruns.

 

DOE finalizes national hydrogen road map. Energy Wire

The Department of Energy outlined Monday how hydrogen could become a major source of clean energy in the United States. The U.S. National Clean Hydrogen Strategy and Roadmap lists dozens of actions to be taken through 2035 by policymakers, industry, regulators and others to promote the production, transport, storage and consumption of low-carbon hydrogen. Overall, the fuel could slash the country’s greenhouse gas emissions by 10 percent through 2050, relative to 2005 levels, DOE said.

 

Critical Minerals in the Arctic: Forging the Path Forward. Wilson Center

This conference, convened on July 12-13, at the Wilson Center in DC, discussed the national and international need for these minerals. But more than countries and companies interest, each of us own cell phones and lap tops, at a minimum. Wind towers and solar panels have become common. These devices all require critical minerals.

How do we meet the need, without devastating our environment and ourselves, with harmful impacts? There are ways. We need to strategically collaborate with our allies to pool our knowledge and skills.

This conference will be archived at this site.

 

Alaska environmental department plans to repeal regulation of some fuel-storage tanks. Alaska Beacon

My comment: This is an interesting question – should these above-ground tanks be inventoried and monitored for leaks onto the surface? It costs money to do this. Most Alaskans aren’t aware of the Spill Prevention & Response (SPAR) fund, established in 1990 after the tragic Exxon Valdez Oil Spill. About five cents is collected on every gallon of fuel. When a spill of hydrocarbons occurs, the Dept. of Environmental Conservation (DEC) responds to assess and direct clean up. Costs are recovered from the owner of the facility but if the tank or facility has been abandoned or the owner lack the financial ability to pay for clean-up, it falls to DEC to cover the costs through SPAR fund. The fund is not adequately supplied to respond to today’s spills. I introduced SB 137 to increase the collection by a half of a cent, generating about $3.4 million added to the SPAR fund. It’s critical that the State can respond and clean up spills, whether small and rural, or large and urban.

 

Anchorage's University Lake Park reopens as fuel spill cleanup continues. ADN

 

 

Alaska Permanent Fund

Alaska Permanent Fund (July 3, 2023)

Fund's total value was $78.8 billion

 

The Principal total includes:

• $52.2 billion in permanent savings contributions

• $ 9.1 billion in unrealized gains

 

The Earnings Reserve Account total includes:

• $4.8 billion of uncommitted realized earnings

• $3.5 billion for the FY24 POMV draw

• $4.2 billion for FY23 Inflation Proofing of the Principal

• $2.2 billion in unrealized gains

 

PFD payout from ERA, 1980-2022: $26.6 B

Cost of PFD in 2023: $2.2 B

Cost of PFD in 2024: $881.5 M

 

 

 

 

 

Feedback is always welcome.

Have a great week!

 

Cathy 

 

Personal Contact:

907.465.4843

sen.cathy.giessel@akleg.gov

 

My Staff:

·     Chief of Staff: Jane Conway (from Soldotna)

·     Office Manager: Paige Brown (from Anchorage/Girdwood)

·     Resources Committee Staff: Julia O'Connor (from Juneau)



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