It’s unknown why Peltola chose to not vote. She issued no statement. It may be that she is not supporting oil development, but instead is supporting her husband Gene Peltola’s new carbon trading company.
Under the proposed agreement, Alaska Carbon Solutions would pay to survey and develop the state lands dedicated for carbon offset, and would pay the state $200 million in exchange for 69% of the revenue after they recover the initial $200 million payment.
Gene Peltola is making deals, and Rep. Mary Peltola already is on the record supporting legislation that makes those transactions valuable.
Gene Peltola didn’t wait for Mary to get elected before he started peddling his influence. After Mary Peltola had made the “final four” for the special general election to replace Congressman Don Young, Gene Peltola was already busy setting up a business with three other individuals. Through a lobbyist contract, he got a meeting with Gov. Mike Dunleavy to get his brand-new Alaska Carbon Solutions business a piece of the pie of the carbon trading program the governor is trying to set up.