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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (32875)	10/31/2012 2:57:11 PM
From: Brumar89	Read Replies (1) \| Respond to of 85487

Check wikipedia. North Dakota, Alabama, Wyoming, Texas, New Mexico and Alaska all have sovereign wealth funds financed by mineral and energy income from state lands. Alaska's wasn't the first one (TX, Wyoming, and NM's are older than Alaska's). It is the largest but that's only because AK has an unusually large amount of state owned land. But greens are working to force the ultimate shutdown of the TransAlaska pipeline and Alaska's investments in its fund will dwindle after that.