Cathy Giessel
68:38 - 69:29
"One of the things that is said about this bill is it has not been modeled. Mr. President, then how the heck do you think we know that they will be making about $5 billion, Glenfarm, when this is at full production and we will be losing out on more than $400 million? Because it has been modeled by our own Department of Revenue, Mr. President."
“One of the things that is said about this bill is it has not been modeled. Mr. President, then how the heck do you think we know that they will be making about $5 billion, Glenfarm, when this is at full production and we will be losing out on more than $400 million? Because it has been modeled by our own Department of Revenue, Mr. President.”
- Speaker
- Cathy Giessel
- Timestamp
- 68:38 – 69:29
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 19, 2026
From the transcript
We are so underqualified and undersupplied with the resources we need to really look at this and be equal at the table. One of the things that is said about this bill is it has not been modeled. Mr. President, then how the heck do you think we know that they will be making about $5 billion, Glenfarm, when this is at full production and we will be losing out on more than $400 million? Because it has been modeled by our own Department of Revenue, Mr. President. I'm not sure that the Department of Revenue considered the 45 credits that Glenfarm will make on the gas treatment facility on the North Slope as they sequester the CO2.
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