CNBC Press Releases

AP Sarah Palin

WHEN: Friday, August 29th at 4:30PM ET
WHERE: CNBC's "Closing Bell with Maria Bartiromo"

Following is the unofficial transcript of a CNBC EXCLUSIVE interview with Vice Presidential Candidate and Governor of Alaska, Sarah Palin on CNBC's "Closing Bell with Maria Bartiromo." During the interview with CNBC's Maria Bartiromo, Palin discusses ANWR, drilling, oil and jobs and energy independence, among other topics.

The full interview will air this weekend on CNBC's "The Wall Street Journal Report with Maria Bartiromo." Video of the interview is also available at CNBC.com.

All references must be sourced to CNBC's "Closing Bell with Maria Bartiromo."

BARTIROMO: WELCOME BACK TO A SPECIAL EDITION OF "THE CLOSING BELL." SARAH PALIN KEPT A LOW PROFILE WHILE GOVERNOR OF ALASKA, AND FEW IF ANY PLACED HER AT THE TOPOF THE LIST OF POTENTIAL RUNNINGMATES FOR SENATOR JOHN McCAIN. ALL THAT CHANGED TODAY.

THIS WEEK I TRAVELED TO ALASKA AND I INTERVIEWED SARAH PALIN IN AN EXCLUSIVE INTERVIEW FOR CNBC. NOT ABOUT THE PRESIDENTIAL RACE ONLY BUT HER STATE'S ROLE IN THE COUNTRY'S ENERGY DEBATE. AND I ASKED HER IF JOHN McCAIN CONTACTED HER.

PALIN: ECONOMICALLY SPEAKING, THOUGH, IT'S ABOUT 20% OF THE U.S. DOMESTIC SUPPLY IS -- OF ENERGY IS PRODUCED UP ON THE NORTH SLOPE. SO VERY, VERY SIGNIFICANT ECONOMICALLY.PHYSICALLY, THANKFULLY, TINY LITTLE FOOTPRINT.

BARTIROMO: SO YOU'RE SAYING IT'S A TINY LITTLE FOOTPRINT, ACTUALLY THE OPERATIONS IN PRUDO BAY, BUT PEOPLE THINK OF IT AS SO EXPANSIVE AND SO MASSIVE THAT IT'S GOING TO HAVE A MATERIAL EFFECT IF IN FACT WE WERE TO SEEDRILLING THERE ON THE WILDLIFE AND ON THE COMMUNITY.

PALIN: WELL, ANWR AT THAT POINT IT'S ABOUT 2,000 ACRES THAT IS BEING ASKED TO BE LOOKED AT AND TO BE EXPLORED AND TO BE PRODUCED. 2,000 ACRES OUT OF 20 MILLION ACRES. THAT FOOTPRINT, IT'S ABOUT THE SIZE OF L.A.X. OR ONE OF THE LARGER AIRPORTS ACROSS THE NATION. AND THAT SHOULD ALLOW SOME PERSPECTIVE THERE ALSO. BUT YOU KNOW, NO ONE, I THINK, BUT ALASKANS CARE MORE ABOUT OUR WILDLIFE, ABOUT OUR CLEAN WATER, OUR CLEAN AIR, THE PRISTINE ENVIRONMENT THAT WE ARE BLESSED TO LIVE IN AND GET TO BREATHE IN EVERY SINGLE DAY. NO ONE BUT ALASKANS WILL CARE MORE TO MAKE SURE THAT WE ARE PRESERVING THAT PRISTINE ENVIRONMENT THAT IS ANWR, THE COASTAL PLAIN, PRUTO BAY, ALASKA AS A WHOLE. AND WHEN YOU ASK ALASKANS DO YOU AGREE TO ALLOW DRILLING TO TAKE PLACE ON THE NORTH SLOPE, SPECIFICALLY HERE WE'RE TALKING ABOUT ANWR, DO YOU WANT TO SEE THAT HAPPEN? AND WITH ALASKANS' LOVE AND CARE FOR OUR ENVIRONMENT AND OUR LANDS AND OUR WILDLIFE, ALASKANSARE SAYING YES BECAUSE WE BELIEVE THAT IT CAN BE DONE SAFELY, PRUDENTLY, AND IT HAD BETTER BE DONE ETHICALLY ALSO.YES, WE WANT TO SEE THAT DRILLING. SO HOPEFULLY THE REST OF AMERICA CAN UNDERSTAND THAT ALSO. YOU GO DOOR TO DOOR AND ASK ALASKANS IF WE ARE READY AND WILLING TO PRODUCE MORE AND CONTRIBUTE MORE TO THE U.S. AND THEY'RE GOING TO TELL YOU YES.

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