Alaska § 41.06.175 - Carbon storage facility injection surcharge.
Full text of Alaska Alaska Statutes § 41.06.175 — Carbon storage facility injection surcharge., with citation guidance and answers to common questions.
§ 41.06.175. Carbon storage facility injection surcharge.
(a) A storage operator injecting carbon dioxide at a storage facility shall pay to the commission a surcharge each year for the first 12 years that carbon dioxide is injected at the storage facility. The commission shall deposit the surcharge into the general fund. The legislature may appropriate a surcharge collected under this subsection into the carbon storage closure trust fund established in AS 37.14.850 .
(b) The annual surcharge in this section is determined by the following formula: S = (7,500,000 x (I/261.78)) / 12, where (1) S is the dollar amount of the annual surcharge for a storage facility;
(2) I is equal to the Consumer Price Index for urban consumers for urban Alaska, as determined by the United States Department of Labor, Bureau of Labor Statistics, without seasonal adjustment, for December of the calendar year immediately preceding the year of issuance of the storage facility permit.
Frequently Asked Questions About Alaska § 41.06.175
What does Alaska Statutes § 41.06.175 cover?
Section 41.06.175 ("Carbon storage facility injection surcharge.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 41.06.175?
A common citation format is "Alaska Statutes § 41.06.175" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 41.06.175 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.