SB 118: "An Act relating to critical and essential minerals and the global energy transition."
00 SENATE BILL NO. 118 01 "An Act relating to critical and essential minerals and the global energy transition." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 04 to read: 05 PLAN FOR DEVELOPMENT OF CRITICAL AND ESSENTIAL MINERALS. (a) 06 The Office of the Governor shall consider emerging technologies for renewable energy and 07 the technologies' necessary components, consider mineral economics and development and 08 production regulatory frameworks at all levels of government, and develop a strategic plan for 09 the state to produce critical and essential minerals. The plan must identify 10 (1) strategies to position state production of critical and essential minerals at 11 the center of United States production and manufacturing to implement the global energy 12 transition; 13 (2) the state's ability to develop renewable energy emerging technologies and 14 the technologies' required components; and 15 (3) the impacts of different regulatory frameworks on mineral development.
01 (b) Not later than the first day of the Second Regular Session of the Thirty-Fourth 02 Alaska State Legislature, the Department of Natural Resources shall provide a report to the 03 legislature comparing the state's production to national and global production of critical and 04 essential minerals, including lithium, copper, tin, gold, uranium, platinum, cobalt, graphite, 05 nickel, silver, zinc, manganese, molybdenum, and chromium. When developing the report, the 06 Department of Natural Resources may consult with appropriate state and federal agencies, the 07 University of Alaska, industry representatives, and advocacy organizations. The report must 08 identify strategies to increase state production and development of critical and essential 09 minerals in the next three, five, and 10 years. The report must compare the state's permitting 10 timelines and exploration incentives with the permitting timelines and exploration incentives 11 in other jurisdictions. The commissioner of natural resources shall submit the report to the 12 senate secretary and chief clerk of the house of representatives and notify the legislature that 13 the report is available. 14 (c) Not later than the first day of the Second Regular Session of the Thirty-Fourth 15 Alaska State Legislature, the Department of Commerce, Community, and Economic 16 Development shall provide a report to the legislature identifying the state's role in innovation, 17 manufacturing, and transportation to support the global energy transition. The report must 18 analyze the potential role of state goods in supply chains critical to the global energy 19 transition, including the potential use of state goods in electric batteries, solar panels, wind 20 turbines, and connected consumer devices. When developing the report, the Department of 21 Commerce, Community, and Economic Development may consult with appropriate state and 22 federal agencies. The report must evaluate whether the state's location is valuable in the 23 global supply chain and identify strategies for the next three, five, and 10 years to develop 24 state innovation, manufacturing, and transportation. The commissioner of commerce, 25 community, and economic development shall submit the report to the senate secretary and 26 chief clerk of the house of representatives and notify the legislature that the report is 27 available.