27.01.2009 - Permanent Fund shouldn't be used to boost in-state energy
From Adn.com: The Alaska Permanent Fund is supposed to be a place for the state to invest its money prudently -- not a development fund for questionable projects. That's why a proposal to allow the fund board to invest up to $1 billion in in-state energy projects is a bad idea. The proposal, House Bill 44, is sponsored by House Speaker Mike Chenault and Reps. Peggy Wilson and John Harris. It would allow the Permanent Fund board to invest up to $1 billion of the fund in in-state energy projects..... Full Article: Source
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