There's an interesting law being enacted in Alaska (yes, another one) this year that could impact the cruise industry. Specifically, it could impact how much your cruise costs to visit the 49th state.
It has to do with clean (and more expensive) fuel, and it can get a bit complex, so we'll give you the quick and dirty (no pun intended) version:
1. Since last August, cargo carriers and cruise ships must use low-sulphur fuel within 200 miles of U.S. and Canadian shores (the first full cruise season since then has just begun for Alaska).
2. Further emission cuts will kick in over the next seven years.
3. The Cruise Lines International Association says: "the increased costs translate into fewer cruise-ship visitors" who are initially having to pay an average of $88 more per ticket.
4. The Environmental Protection Agency says the CLIA complaints are like "having a houseguest who leaves all of his trash in your yard and then complains when you ask him to pick it up."
5. The state is suing to prevent the restrictions from being enforced.
6. Offsetting the $3.2 billion it will cost to implement the process, the EPA estimates the health benefits could be up to $110 billion by 2020.
Now all of this sounds like a legitimate case of two sides agreeing to disagree on the pros and cons…until you get to the last point.
Health benefits of $110 billion?
How does anybody come up with that?