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This book identifies accumulated environmental, social and economic effects of oil and gas leasing, exploration, and production on Alaska's North Slope. Economic benefits to the region have been accompanied by effects of the roads, infrastructure and activies of oil and gas production on the terrain, plants, animals and peoples of the North Slope. While attempts by the oil industry and regulatory agencies have reduced many of the environmental effects, they have not been eliminated. The book makes recommendations for further environmental research related to environmental effects.
Investigates the complex relationship that Alaska has with its most precious commodity - oil - and with the corporations that bring that oil to market. This book explores the dynamic balance between the power of a subnational government and the ability of Big Oil to develop energy resources, affect the state economy, and influence state policies.
Reliance on natural resource revenues, particularly oil, is often associated with bad governance, corruption, and poverty. Worried about the effect of oil on Alaska, Governor Jay Hammond had a simple yet revolutionary idea: let citizens have a direct stake. The Governor's Solution features his first-hand account that describes, with brutal honesty and piercing humour, the birth of the Alaska Permanent Fund dividend, which has been paid to each resident every year since 1982. Thirty years later, Hammond's vision is still influencing oil policies throughout the world. This reader, part of the Center for Global Development's Oil-to-Cash initiative, includes recent scholarly work examining Alaska's experience and how other oil-rich societies, particularly Iraq, might apply some of the lessons. It is as a powerful reminder that the combination of new ideas and determined individuals can make a tremendous difference --even in issues as seemingly complex and intractable as fighting the oil curse.