President Trump signed a sweeping executive order during his second term aimed at boosting Alaska’s natural resource industry by reversing environmental protections that limit oil and gas extraction, logging, and other development projects across the state. The order, titled “Unleashing Alaska’s Extraordinary Resource Potential,” includes provisions to smooth the path for more drilling, logging, mining, and hunting on federal lands in Alaska. It revokes actions taken by President Biden to halt oil and gas exploration in the Arctic National Wildlife Refuge and rejects a request to establish a sacred Indigenous site in the refuge. The order also seeks to prioritize the development of Alaska’s liquified natural gas potential. Alaska’s political leaders, including Senators Sullivan and Murkowski, welcomed the executive order, while conservation advocates expressed concerns about the impact on the environment and climate change. President Trump also signed an executive order to change the name of Denali back to Mount McKinley. The executive actions are seen as a move to reverse regulations and policies put in place by the Biden administration and promote resource development in Alaska. It remains to be seen how quickly these actions will lead to new projects and investments in the state.
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Trump Signs Executive Order to Foster Development of Alaska’s Abundant Natural Resources
