Legislature(2021 - 2022)BARNES 124

02/10/2022 11:00 AM House ARCTIC POLICY, ECONOMIC DEV., & TOURISM

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Audio Topic
11:04:59 AM Start
11:06:07 AM Presentation: Carbon Dividends: the Bipartisan Climate Solution
12:00:35 PM Adjourn
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ Presentation: Bipartisan Climate Solution by TELECONFERENCED
Climate Leadership Council
                    ALASKA STATE LEGISLATURE                                                                                  
           HOUSE SPECIAL COMMITTEE ON ARCTIC POLICY,                                                                          
               ECONOMIC DEVELOPMENT, AND TOURISM                                                                              
                       February 10, 2022                                                                                        
                           11:04 a.m.                                                                                           
                                                                                                                                
MEMBERS PRESENT                                                                                                               
                                                                                                                                
Representative Grier Hopkins, Chair                                                                                             
Representative Sara Hannan                                                                                                      
Representative Liz Snyder                                                                                                       
Representative Josiah Patkotak                                                                                                  
Representative Harriet Drummond                                                                                                 
Representative Mike Prax                                                                                                        
Representative Tom McKay                                                                                                        
                                                                                                                                
MEMBERS ABSENT                                                                                                                
                                                                                                                                
All members present                                                                                                             
                                                                                                                                
COMMITTEE CALENDAR                                                                                                            
                                                                                                                                
PRESENTATION: CARBON DIVIDENDS: THE BIPARTISAN CLIMATE SOLUTION                                                                 
                                                                                                                                
     - HEARD                                                                                                                    
                                                                                                                                
PREVIOUS COMMITTEE ACTION                                                                                                     
                                                                                                                                
No previous action to record                                                                                                    
                                                                                                                                
WITNESS REGISTER                                                                                                              
                                                                                                                                
SCOTT KENDALL, Representative                                                                                                   
Americans for Carbon Dividends                                                                                                  
Washington, D.C.                                                                                                                
POSITION STATEMENT:  Gave a presentation, titled "Carbon                                                                      
Dividends: The Bipartisan Climate Solution."                                                                                    
                                                                                                                                
ACTION NARRATIVE                                                                                                              
                                                                                                                                
11:04:59 AM                                                                                                                   
                                                                                                                                
CHAIR GRIER HOPKINS called the  House Special Committee On Arctic                                                             
Policy,  Economic Development,  and Tourism  meeting to  order at                                                               
[11:04]   a.m.     Representatives   Hannan,  Snyder,   Patkotak,                                                               
Drummond, Prax,  McKay, and Hopkins  were present at the  call to                                                               
order.                                                                                                                          
                                                                                                                                
^PRESENTATION: Carbon Dividends: The Bipartisan Climate Solution                                                                
PRESENTATION: Carbon Dividends: The Bipartisan Climate Solution                                                             
                                                                                                                                
11:06:07 AM                                                                                                                   
                                                                                                                                
CHAIR HOPKINS announced that the  only order of business would be                                                               
the   "Carbon  Dividends:   The   Bipartisan  Climate   Solution"                                                               
presentation.                                                                                                                   
                                                                                                                                
11:06:38 AM                                                                                                                   
                                                                                                                                
SCOTT  KENDALL, Representative,  Americans for  Carbon Dividends,                                                               
gave  a presentation,  titled "Carbon  Dividends: The  Bipartisan                                                               
Climate Solution."   He began the presentation on  slide 2, which                                                               
displayed  a  roadmap for  the  bipartisan  climate solution  and                                                               
moved  to slide  3,  which  outlined the  "four  pillars" of  the                                                               
bipartisan climate  solution's associated Baker-Shultz plan.   He                                                               
moved  to  slide 4,  which  described  how the  carbon  dividends                                                               
solution to  climate change would  work under the  current system                                                               
of  governance  in  America  and  continued  to  slide  5,  which                                                               
explained the  logistics of  the carbon  dividends solution.   He                                                               
moved to slide 6, which  highlighted America's "carbon advantage"                                                               
that it has in the application of a carbon dividend policy.                                                                     
                                                                                                                                
11:13:38 AM                                                                                                                   
                                                                                                                                
CHAIR HOPKINS asked  how the carbon footprint of  Russia or China                                                               
could  be calculated  if there  was  not reliable  data on  those                                                               
countries' carbon output.                                                                                                       
                                                                                                                                
MR. KENDALL  answered that  there was already  a great  amount of                                                               
data related to carbon output that exists currently.                                                                            
                                                                                                                                
11:16:23 AM                                                                                                                   
                                                                                                                                
MR. KENDALL resumed the presentation  on slide 7, which displayed                                                               
a  map   that  compared   carbon  footprints   between  different                                                               
countries.   He moved  to slide  8, which  displayed a  bar graph                                                               
that  highlighted  the  impact  of  carbon  dividend  on  Alaskan                                                               
families' income.                                                                                                               
                                                                                                                                
11:21:35 AM                                                                                                                   
                                                                                                                                
REPRESENTATIVE PRAX  shared his  support for  the idea  of carbon                                                               
dividends  and  asked  how  it  could  fit  into  the  governor's                                                               
proposed ideas of carbon offset funds.                                                                                          
                                                                                                                                
MR.  KENDALL   replied  that  carbon  offset   funds  and  carbon                                                               
dividends could  theoretically exist together and  work with each                                                               
other.                                                                                                                          
                                                                                                                                
11:30:37 AM                                                                                                                   
                                                                                                                                
REPRESENTATIVE  MCKAY opined  that  slide 5  proposed a  de-facto                                                               
tariff on all imports from  Russian and Chinese imports and asked                                                               
how  carbon data  was collected  for Russian  and Chinese  carbon                                                               
footprints.                                                                                                                     
                                                                                                                                
MR.  KENDALL   answered  that  there   are  many   companies  and                                                               
scientists who dedicate their professional  lives to the accurate                                                               
monitoring of the carbon outputs of closed-off countries.                                                                       
                                                                                                                                
11:34:02 AM                                                                                                                   
                                                                                                                                
REPRESENTATIVE  PATKOTAK   shared  his  understanding   that  the                                                               
proposed carbon  dividend program  would stimulate  more domestic                                                               
oil and gas production in Alaska.                                                                                               
                                                                                                                                
MR.  KENDALL shared  his agreement  with Representative  Patkotak                                                               
and spoke to the complex  nature of managing economic activity in                                                               
a mixed rural-urban context.                                                                                                    
                                                                                                                                
11:43:00 AM                                                                                                                   
                                                                                                                                
REPRESENTATIVE SNYDER  asked Mr. Kendall  if he had  any thoughts                                                               
on the move towards renewables in Alaska.                                                                                       
                                                                                                                                
MR.  KENDALL   explained  how   the  progressive   investment  in                                                               
renewable  energy in  Alaska could  coincide with  a hypothetical                                                               
carbon dividend program.                                                                                                        
                                                                                                                                
11:48:07 AM                                                                                                                   
                                                                                                                                
MR. KENDALL resumed the presentation  on slide 9, which displayed                                                               
a  graph  that visualized  the  decline  of carbon  emissions  if                                                               
carbon dividends  were to be  put into  place.  He  moved through                                                               
slides 10-11, which highlighted  comments of support from various                                                               
powerful members  of the U.S.  Congress & Federal  Government and                                                               
continued to slide 12, which  highlighted various business groups                                                               
that endorsed  the carbon  dividend solution.   He  moved through                                                               
slides  13-14, which  displayed two  tables that  outlined public                                                               
survey   results  in   the  affirmative   of   support  for   the                                                               
implementation  of  carbon dividends  as  a  solution to  climate                                                               
change and skipped to slide 16,  which displayed a bar graph that                                                               
highlighted U.S.  voter concern  for climate  change as  a policy                                                               
issue and continued  to slide 17, which displayed  two bar graphs                                                               
that  highlighted the  outsized support  for carbon  dividends in                                                               
Alaska, especially when paired  alongside the continual Permanent                                                               
Fund Dividend  (PFD) payment.   He concluded the  presentation on                                                               
slide  18, which  displayed  a bar  graph  that detailed  various                                                               
components  of an  implementation  plan for  carbon dividends  in                                                               
America.                                                                                                                        
                                                                                                                                
12:00:14 PM                                                                                                                   
                                                                                                                                
CHAIR  HOPKINS  thanked  the presenter  and  delivered  committee                                                               
announcements.                                                                                                                  
                                                                                                                                
12:00:35 PM                                                                                                                   
                                                                                                                                
ADJOURNMENT                                                                                                                   
                                                                                                                                
There being no  further business before the  committee, the House                                                               
Special  Committee On  Arctic Policy,  Economic Development,  and                                                               
Tourism meeting was adjourned at 12:00 p.m.                                                                                     

Document Name Date/Time Subjects
AK Leg AFCD Presentation Feb 2022.pdf HAET 2/10/2022 11:00:00 AM
Leveraging A Carbon Advantage - Summary.pdf HAET 2/10/2022 11:00:00 AM
America's Carbon Advantage.pdf HAET 2/10/2022 11:00:00 AM
Leveraging A Carbon Advantage - Key Findings.pdf HAET 2/10/2022 11:00:00 AM