We’ve Seen This Play Before

We’ve Seen This Play Before
By: Lars Olson
From the fictional town of Cedar Valley, where characters from Quiet Echo continue to respond to real-world events.

Alaska’s governor wants to cut property taxes by ninety percent on a proposed gas pipeline, and we’re supposed to believe the whole project hinges on it.

I’ve been in business long enough to recognize a negotiating tactic when I see one. Governor Dunleavy’s proposed 2-mill rate—down from 20—on the Alaska LNG project isn’t about whether the pipeline gets built. It’s about who pays and who profits.

Let’s be clear about what this project actually is. An 800-mile pipeline carrying North Slope natural gas to a liquefaction facility in Nikiski, where it gets shipped overseas to Asian markets. The developer, Glenfarne, has already signed preliminary agreements with Tokyo Gas and a South Korean steel company. This isn’t about heating Alaskans’ homes. This is about export.

Alaskans have watched this show before. Big promises. Urgent timelines. Requests for tax breaks and fiscal “stability” that somehow always flow in one direction. Then the project stalls, the company moves on, and we’re left wondering what happened to all that urgency.

The consultant’s report says the current property tax rate could add nine percent to the project’s delivery cost. That’s a real number. But here’s another real number: $44 billion. If a company can’t build a $44 billion project while paying the same property taxes every other oil and gas operation pays, maybe they’re not the right company to build it.

Mayor Micciche of the Kenai Peninsula put it well: the deal has to be “born from facts, real math and local impact data.” His borough would absorb the housing crunch, the road wear, the demand on emergency services. A ninety percent tax cut means local taxpayers subsidize the infrastructure that makes someone else’s export business profitable.

Meanwhile, Glenfarne won’t even release its updated cost estimates publicly. They’ll share them with lenders and investors, but not with the Alaskans being asked to sweeten the deal. That tells you who they think their partners are.

I’m not against development. Cedar Valley wouldn’t exist without people willing to build things. But I am against the assumption that working people should always be the ones bending. If Glenfarne can’t make the numbers work at honest rates, let them step aside. Someone else will build that line eventually—maybe someone who doesn’t need a ninety percent discount to get started.

The gas isn’t going anywhere. It’s been sitting under the North Slope for a long time. It can wait for a partner who comes to the table ready to pay their share.

This editorial is part of the fictional Cedar Valley News series. While the people and town are fictional, the national events they reflect on are real.

It’s free, live, and fresh! Quiet Echo—A Cedar Valley News Podcast is live on Apple Podcasts: https://bit.ly/4nV8XsE, Spotify: https://bit.ly/4hdNHfX, YouTube: https://bit.ly/48Zfu1g , and Podcastle: https://bit.ly/4pYRstE. Every day, you can hear Cedar Valley’s editorials read aloud by the voices you’ve come to know—warm, steady, and rooted in the values we share. Step into the rhythm of our town, one short reflection at a time. Wherever you listen, you’ll feel right at home. Presented by the Publication Consultants:  https://publicationconsultants.com/

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