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.