Alaska’s $44 billion bet on natural gas
Lois Parshley, Grist
December 19, 2025
Grist’s deep dive exposes the AK LNG project as a decades‑old, politically supercharged megaproject kept alive through secrecy, public subsidies, and wishful thinking — despite massive financial, environmental, and climate risks.
The article traces the 60‑year history of Alaska’s recurring dream of a North Slope gas pipeline and shows how the latest $44‑billion version has become a case study in government overreach and fossil‑fuel influence. Despite no firm buyers, no experienced pipeline operator, and cost estimates that could exceed $70 billion, state officials and the Trump Administration continue to champion the project as an economic lifeline.
