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The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [2] by Article 9, Section 15 of the Alaska State Constitution [3] under Governor Jay Hammond and Attorney General Avrum Gross. From February ...
From its initial principal of $734,000, the fund has grown to $40 billion as a result of oil royalties and capital investment programs. [27] Starting in 1982, dividends from the fund's annual growth have been paid out each year to eligible Alaskans, ranging from $331.29 in 1984 to $3,269.00 in 2008 (which included a one-time $1200 "Resource ...
The Permanent Fund of Alaska in the United States provides a kind of yearly basic income based on the oil and gas revenues of the state to nearly all state residents. More precisely the fund resembles a sovereign wealth fund , investing resource revenues into bonds , stocks , and other conservative investment options with the intent to generate ...
Coordinates: 69°52′27″N 144°09′55″W. ANWR and known oil deposits in northern Alaska. The question of whether to drill for oil in the Arctic National Wildlife Refuge (ANWR) has been an ongoing political controversy in the United States since 1977. [1] As of 2017, Republicans have attempted to allow drilling in ANWR almost fifty times ...
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The Red Dog mine is a large zinc and lead mine in a remote region of Alaska, about 80 miles (130 km) north of Kotzebue, which is operated by the Canadian mining company Teck Resources on land owned by the NANA Regional Corporation. It is located within the boundaries of the Red Dog Mine census-designated place in the Northwest Arctic Borough of ...
550 West 7th. Avenue, Suite 1400, The Alaska Department of Natural Resources is a department within the government of Alaska in the United States. The department has the mission of responsibly developing Alaska 's resources by making them available for maximum use and benefit consistent with the public interest.
The Alaska Department of Fish and Game (ADF&G) is a department within the government of Alaska.ADF&G's mission is to protect, maintain, and improve the fish, game, and aquatic plant resources of the state, and manage their use and development in the best interest of the economy and the well-being of the people of the state, consistent with the sustained yield principle. [1]