Representative Ky Holland

Rep kyholland . May 10, 2026

Seems like the Legislature has been invited to a high-pressure Time-Share sales presentation… and the pressure is ON. Here is the ADN Pitch OpEd!

My 2mills (cents… haha) – the Alaska LNG project could still become a good project. But let’s be clear about where we are and why the Legislature is now being asked to step in.

Two major mistakes were made:

1. AGDC/Glenfarne overestimated the project economics last year and moved forward projecting confidence they had everything needed for FID; and
2. The Governor’s tax proposal offered in March was not vetted and approved by those being asked to give up revenue for the project — months after the originally projected FID timeline. That’s created avoidable conflict, uncertainty, delay, and exactly the kind of instability the administration says the project cannot tolerate.

Now the Legislature is being pressured to “act quickly” to fix those mistakes.

We need to have started on this in March of 2025 not pressured at the last minute to cave in to demands for discounts or threats the project dies…

Sign up for the Time-Share “Today Only” final offer, or loose the deal!

But fiduciary responsibility is not obstruction. Legislators are trustees of public resources and public revenue. (And if not us, who do you trust to watching out for Alaskans that is on the other side of the table from AGDC/GF/lobbyists? WHO has the job right now to make sure Alaska gets the best deal?)

Our job is not simply to advocate for a project — it’s to make sure the public is protected, the economics are real, the risks are understood, and communities are not left holding the bag later. But it’s been impossible to do a job with a blind fold on, told we don’t need to see the details…
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That’s why I do agree with simplifying the legislation now being developed in the House and Senate:

• Separate Phase 1 in-state gas delivery tax policy from Phase 2 LNG export and oversight policy.
• Focus first on the immediate public interest: affordable and reliable in-state gas supply with low taxes (paid by Alaskan gas users) for Phase 1, with impact costs covered.
• Position ALL Alaskans to participate in the rewards of Phase 2 exports.

And before former politicians and paid lobbyists continue turning up the pressure, I’d also like to hear more clearly from the CURRENT mayors and local governments who would actually be dealing with the fiscal and infrastructure impacts of these decisions.

Ky