
James Kaufman
78:02 - 78:53
"Financing, because it leaves open the problem that one— one problem that pops up could possibly threaten that, and that is going to make it very hard for anyone that's going to finance this to consider that, because any force majeure— I don't know if that's covered here— a pandemic, something, an earthquake or whatever, could put them in jeopardy. And so I think And AGDC is right here in the room, but we are told that we have to take them at ease. We can't even bring them up to speak to potential concerns that might be in this piece of work"
“Financing, because it leaves open the problem that one— one problem that pops up could possibly threaten that, and that is going to make it very hard for anyone that's going to finance this to consider that, because any force majeure— I don't know if that's covered here— a pandemic, something, an earthquake or whatever, could put them in jeopardy. And so I think And AGDC is right here in the room, but we are told that we have to take them at ease. We can't even bring them up to speak to potential concerns that might be in this piece of work”
Financing, because it leaves open the problem that one— one problem that pops up could possibly threaten that, and that is going to make it very hard for anyone that's going to finance this to consider that, because any force majeure— I don't know if that's covered here— a pandemic, something, an earthquake or whatever, could put them in jeopardy. And so I think And AGDC is right here in the room, but we are told that we have to take them at ease. We can't even bring them up to speak to potential concerns that might be in this piece of work that was done not through the committee process, but through private huddles. So I am going to remove my objection to adopting this, but I think that we ought to at least hear from AGDC on that subject. Thank you.
The Alaska Senate Finance Committee voted 7-0 Friday to advance a rewritten tax bill for the Alaska LNG project, replacing a capital-expenditure formula with fixed per-unit rates and adding termination conditions for the tax abatement that would lapse if developers miss hard deadlines.
