Tag Archives: by Craig Medred
Alaska delusions – The great takeover of federal waters
Oh if only the facts were as a trio of Alaska House legislators would like their colleagues to believe. They’ve drafted a resolution calling on Congress to extend state waters to 15 miles off the coast of Alaska because this would serve the state’s interest in supporting a “seafood industry generat(ing) over $163,000,000 in revenue for state and local governments.” All those zeros make that look like a great deal of money, but in terms of state revenue, $163 million is chicken feed. The state’s now fading oil industry is forecast to produce $3 billion in fiscal year 2024 or almost 20 times more, according to state projections. Worse though, the claim to $163 million in state revenue from the fishing industry comes from a report compiled for the Alaska Seafood Marketing Institute (ASMI) that is badly outdated, and the resolution now based on that report lacks the context which even the seafood sales promotion organization felt compelled to add. more, >>CLICK TO READ<< 08:56
