Alaska lawmakers add $100M-plus tax hike on Hilcorp to carbon storage bill

And: Internal emails at Alaska Permanent Fund show financial manager raising ethical concerns about fund’s vice chair ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Email not displaying correctly? [View the web version]( Good afternoon. It’s Tuesday, May 7. In today's newsletter: - Oil and gas company Hilcorp would[pay over $100 million more in state taxes]( per year, under a provision added by Alaska lawmakers to a carbon sequestration bill. - More than 30 years after it stopped producing oil, a platform owned by Hilcorp is [one of several still standing in Cook Inlet]( and is set to remain there for years more. - A top financial manager with the Alaska Permanent Fund Corp. [raised concerns about efforts by the fund’s vice chair]( to set up meetings between Permanent Fund staff and business associates or companies with ties to a company she owns. Two University of Alaska Fairbanks students will soon be stuffing snow from the slopes of Alaska’s highest mountain into Nalgene bottles. [Their goal]( science writer Ned Rozell explains, is to determine if tiny plastic particles, called microplastics, are as abundant on Denali as they are elsewhere on Earth. Anchorage weather It's mostly sunny today with a high near 51 degrees. Wednesday will bring mostly cloudy skies, and a chance of precipitation returns on Thursday. Daytime temperatures will range from the high 40s to low 50s over the next several days. Here’s what else is making headlines in Alaska today. — Megan Pacer, mpacer@adn.com [$100 million-plus tax hike on oil company Hilcorp added to carbon storage bill →]( The Texas-based company warned that a tax hike could “significantly” impact its investment decisions and its existing contracts. But supporters say it would provide much-needed revenue and close a loophole for companies like Hilcorp that don't pay state corporate income taxes. ADVERTISEMENT [This oil platform stopped pumping 30 years ago. Alaska still won’t make the owner tear it down. →]( Removing all the offshore oil infrastructure from Cook Inlet could cost $1 billion. But some platforms have sat idle for decades, as inspectors say they’re in an “advanced state of disrepair.” (via Alaska Public Media, APM Reports and Northern Journal) [Report: Internal emails at Alaska Permanent Fund show financial manager raising ethical concerns about fund’s vice chair →]( The concerns involve Ellie Rubenstein’s business partners, her private equity firm and her father, billionaire David Rubenstein. [Mayor Bronson’s budget director asks to resign or switch roles in letter criticizing Anchorage Assembly →]( The mayor's director of the Office of Management and Budget said last week that she will resign from the municipality unless she is reassigned to a new position, according to the mayor’s office. [Anchorage woman accused of vandalizing over 30 campaign signs faces felony charge →]( A woman accused of vandalizing dozens of political signs during a one-night spree in March ahead of the city’s mayoral election now faces one felony and two misdemeanor charges. [After record fentanyl deaths, Alaska launches ‘One Pill Can Kill’ campaign →]( Officials unveiled a new statewide education campaign on the dangers of fentanyl in the wake of a record increase in overdose deaths. ADVERTISEMENT More from the ADN [Alaska House nears vote on big increase for public school maintenance statewide →]( [Woman struck by train in Wasilla was local resident, police say →]( [Israel seizes Gaza’s vital Rafah crossing, but the US says it isn’t the full invasion many fear →]( [The Rewind: Anchorage’s Jeremy Swayman leads Bruins to next round, Wolverines go up 2-0 in Midwest finals and South soccer teams roll →]( [Workplace: Employee burnout and 4 steps for fixing it →]( [Book review: ‘The Hope ‘91 Sled Dog Race’ brings an audacious but improbable event to life on the page →]( [Facebook]( [Twitter]( [Instagram]( [Click here to unsubscribe and manage your email subscriptions.]( Anchorage Daily News, 300 W 31st Ave, Anchorage, AK 99503, United States