Alaska wetland mitigation costs soaring

State proposing its own program as a way to reduce costs for public, private developers, get remediation for state-owned lands

TIM BRADNER

For Petroleum News

Wetlands mitigation costs in Alaska have soared, and that’s partly because privately owned mitigation banks certified by the U.S. Army Corps of Engineers see a good money-making opportunity. In fact, it’s a money machine, critics say. The Army Corps tells developers how many acres they need for mit....

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Little transparency

Raising the bar

One organization certified to work on Slope

State proposing own program