Governor Signs Renewable Energy Legislation

Anchorage, AK - June 3, 2010 - (RealEstateRama) -- In an effort to make geothermal power projects economically viable and to produce more affordable and reliable electric power for homes and businesses, Governor Sean Parnell signed Senate Bill 243 today.SB 243, sponsored by Senator Lesil McGuire, encourages safe exploration for and development of Alaska’s enormous geothermal energy. The bill moves jurisdiction over the permitting and inspection of geothermal wells and operations from the Department of Natural Resources to the Alaska Oil and Gas Conservation Commission. Representative Charisse Millett was instrumental in the passage of the legislation

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