Economy

All Alaska economy and business news, including the Alaska Economic Report.

Murkowski thanks Obama for restoring Denali; Obama directs his gaze on climate change

President Barack Obama touches down in Alaska Monday for a three-day tour to the state, and beyond focusing on climate change in visits to Anchorage, Dillingham, and Kotzebue, the president is beginning his trip by restoring the Alaska Native name to North America’s highest mountain.

Alaskan Greens: Obama’s Words, Actions Conflict On Climate Change

President Barack Obama’s visit to Alaska this week, aimed at highlighting his push to fight climate change, comes just two weeks after his administration approved drilling for oil in the Arctic Ocean. Some Alaskan environmentalists see a disconnect between the president's rhetoric and his actions on climate change.

Hoonah hydro project cuts energy bills for local businesses

Alaska’s newest hydro power project has been generating electricity since the beginning of August, but it only recently had its ribbon cutting ceremony. The city of Hoonah is cutting diesel consumption by about a third which could help the local economy. Download Audio

Climate Change in the Far North

President Obama will be in Alaska soon, and he says climate change is the reason for the visit. On the next Talk of Alaska, scientists who've studied warming in Alaska for decades join us on the program to offer perspective from the front lines. APRN: Tuesday, August 25, at 10:00 a.m. and 8:00 p.m. Listen now:

Shell Gets Final Approval To Drill Into Oil-Bearing Rock in the Chukchi

The Interior Department gave final approval to Shell Oil to drill into oil-bearing rocks at the company’s “Burger J” drilling site. The company has until late September to complete this summer’s exploratory drilling. Download Audio

Shell Gets Final Federal Approvals To Drill in the Chukchi

The federal government has given Royal Dutch Shell the final permit it needs to drill for oil in the Arctic Ocean off Alaska's northwest coast for the first time in more than two decades.

Climate change, not Arctic drilling, drives Obama trip to Alaska

President Barack Obama is coming to Alaska later this month. The White House released a video Thursday morning to explain why he will be the first sitting president to visit Alaska’s Arctic. Download Audio

President Obama: Alaskans Are On the Front Lines Of Climate Change

Alaska is ground zero for climate change -- that's the message of a new video issued by the White House discussing president Obama's upcoming visit to the Last Frontier.

Shell ready to drill for Arctic oil as delayed icebreaker arrives

Shell’s wayward icebreaker made it to the company’s Arctic Ocean drilling site Tuesday. The arrival of the Fennica after a month’s delay means the company could get to drill for oil beneath the Chukchi Sea this summer. Download Audio

Shell’s Arctic Icebreaker Returns to Unalaska

Shell's Fennica icebreaker has returned to Alaska. It docked at Dutch Harbor on Tuesday evening after enduring repairs and protests in Portland, Oregon. Download Audio

Shell Begins Exploratory Drilling in the Chukchi Sea

Arctic drilling is under way. Shell Oil confirmed Thursday night that its Polar Pioneer rig sent a drill bit spinning into the floor of the Chukchi Sea about 5 p.m. Alaska time. Download Audio

Shell’s Fennica Sets Sail for Alaska

Police disbanded the protest late this afternoon, and the Fennica set sail for Alaska. But not before a federal judge found Greenpeace in contempt for blocking the path of an Arctic-bound drilling vessel. Download Audio

‘Shell No’ Protesters Turn Back the Fennica Thursday Morning

"Shell No" is the theme of a protest that happened this week as Shell's Fennica icebreaker tried to head north after undergoing repairs in Oregon. The protest was disbanded by the Coast Guard and local authorities late Thursday afternoon, and the Fennica is currently en route to the Arctic. Download Audio

Activists rappel off Oregon bridge to stop Shell icebreaker

More than a dozen activists rappelled off the St. Johns Bridge in an effort to stop a Shell Oil Arctic icebreaker from leaving Portland.

“Alaska’s Global Economy: Where We’ve Been and Where We’re Going”

Featuring Margie Brown, former President & CEO, CIRI; Larry Cash, President & CEO, RIM Architects; and Dr. Rashmi Prasad, Dean, College of Business & Public Policy, University of Alaska Anchorage. Moderated by Dr. Paul Dunscomb, professor of East Asian history at UAA. Listen Now:

Study: Climate Change Is A Chief Threat to Polar Bears

A new federal study shows Alaska's two polar bear populations could be greatly decreased in a decade. The research also shows global warming is by far the biggest threat to polar bear populations across the arctic compared to other stressors like hunting and pollutants. Download Audio
Anne Jensen examines artifacts in her lab. (CREDIT ANNE JENSEN)

Climate change destroying Natives’ relics

Climate change is destroying the historical record of Arctic peoples.

Fort Yukon Goes Solar

Ft. Yukon recently began operating a solar electric project. The system is testing integration of the energy source into the power grid of an isolated northern community. Download Audio:

Norwegian Monarch Visits Alaska, Urges Action on Climate Change

The King of Norway visited Anchorage on Wednesday bearing a message of goodwill, and the message that climate change is a priority for all Arctic nations. Download Audio:

Tribes, Forest Service partner on climate change research

At the Native American Fish and Wildlife Society Conference in Juneau this week, a panel of five discussed climate change and traditional knowledge.