Organizations/Alaska State Senate

Alaska State Senate

The upper chamber of the Alaska State Legislature — 20 senators representing single-member districts. Considers and votes on bills, confirms appointments, and joins the House on appropriations.

Alaska Senate Education Committee Alaska Senate Finance Committee Alaska Senate Health & Social Services Committee Alaska Senate Judiciary Committee Alaska Senate Resources Committee

Video Clips

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0:29

Speaker A

“Bent Flyberg is recognized as one of, if not the preeminent researcher of megaprojects. Through his research of Thousands of projects. He's found 92% of megaprojects are over budget, over schedule or both, which he has dubbed the Iron Law megaprojects.”

Senate Finance, 6/2/26, 9am · Jun 2, 2026

0:38

Speaker A

“a Black Swan event is just something that is unplanned for as low probability, but high impact when it does occur. COVID 19 was a great example of a Black Swan event.”

Wednesday, June 3, 2026Wed, Jun 3, 2026

Consultant warns Senate Finance that Alaska LNG faces megaproject risks

Independent megaproject consultant warns Alaska Senate Finance that 92% of megaprojects exceed budget or schedule, with LNG projects averaging 70% cost overruns, directly challenging optimistic timelines for the state's proposed gas pipeline and export terminal.