Alaska
Alaska Permanent Fund has a 46% chance in the next decade of failing to fund services and the PFD, forecasts show, as lawmakers talk reforms
JUNEAU — The Alaska Permanent Fund has a serious risk of failing to fund state services and the Permanent Fund dividend in the next decade, according to projections by the nonpartisan Legislative Finance Division.
The Permanent Fund’s board has long urged lawmakers to convert the fund’s two-account structure into an endowment model to ensure its long-term sustainability. Legislators have started discussing amendments to the Alaska Constitution to follow the board’s recommendations.
Annual withdrawals would be capped at 5% of the Permanent Fund’s overall value. But that figure could be subject to debate.
The Legislature in 2018 approved Senate Bill 26, which established the current 5% draw limit in state statute. The measure allowed Permanent Fund earnings to start contributing to the state budget.
Since then, the Permanent Fund has provided the bulk of state revenue for services and the PFD. But the fund has been stressed.
According to modeling by the Legislative Finance Division, the Permanent Fund has an almost 50% chance in the next decade of failing to provide the annual draw for services and the dividend.
”That’s scary,” said Jason Brune, chair of the Permanent Fund’s board.
Permanent Fund managers started the fiscal year in July with a roughly $600 million shortfall. Investment earnings have since helped bridge that gap, but Deven Mitchell, CEO of the Alaska Permanent Fund Corp., said that exposed a worrying trend.
”That was the first time that had happened. So, it’s the canary in the coal mine,” he said Tuesday to the joint Legislative and Budget Audit Committee.
Most of the $81 billion Permanent Fund is constitutionally protected. However, the fund’s investment earnings are deposited into the $9.4 billion Earnings Reserve Account, which can be spent by a simple majority of legislators.
For over 20 years, the Permanent Fund’s board of trustees has called on lawmakers to establish a single-account structure and a 5% draw limit in the constitution. The board issued a 49-page resolution last year urging lawmakers to enact those reforms.
Trustees warned that depleting the spendable portion of the Permanent Fund would “immediately result in a fiscal crisis” that would jeopardize the budget and the PFD.
“We want to ensure that there’s an ability to provide a payment to the state of Alaska each and every year. We don’t want to have a 46% probability of failure,” Mitchell said.
Prior to the enactment of SB 26, Alexei Painter, director of the Legislative Finance Division, said the state had been running a $3 billion deficit each year for several years.
This year, legislators are facing a $536 million deficit over two fiscal years based on status quo spending. Senators recently unveiled revenue measures, including oil tax hikes, as ways to potentially bridge that fiscal gap.
“Oil is not paying the bills anymore,” Anchorage Republican Sen. Cathy Giessel said Tuesday.
Advocates say a single-account structure would act as a spending cap for lawmakers and ensure the long-term stability of the Permanent Fund. Additionally, it would avoid the need for an annual inflation-proofing appropriation — $1 billion this year — to preserve its real value.
Anchorage independent Rep. Calvin Schrage introduced a constitutional amendment last month that followed the board’s recommendations. He said the Permanent Fund provides a reliable source of revenue, and that it should be protected in the constitution.
“There’s a real risk that the Legislature could overdraw the fund. We’ve seen attempts to do that multiple times,” he said.
Lawmakers say there is a broad recognition that Permanent Fund reforms are needed.
Anchorage Sen. James Kaufman, a member of the Senate’s GOP minority, said the potential for a cash flow crunch is one of the state’s “most ignored financial issues.”
Kaufman introduced his own constitutional amendment proposal for a single-account structure. The draw rate would be capped at 5.25%, but Kaufman said Monday that it could be amended.
Sitka Republican Sen. Bert Stedman argued Tuesday that the 5% limit was already too high. He said that pushed the fund’s managers into “more aggressive asset classes” to meet its statutory requirements.
But the Legislative Finance Division cautioned that lowering the draw rate to 4.5% would see the deficit balloon by an additional $380 million.
Members of the Senate majority are set to introduce their own Permanent Fund constitutional amendment proposal in the coming days, Giessel said Tuesday.
A constitutional amendment requires support from two-thirds of lawmakers in the House and the Senate. Unlike regular bills, the governor cannot veto a constitutional amendment. Instead, it would then go for an up-or-down vote at the next statewide election.
The Alaska Constitution was last amended in 2004.
Alaska
Norwegian filmmakers’ documentary spotlights homelessness in Anchorage, aims for Alaska screening
ANCHORAGE, Alaska (KTUU) – Two Norwegian filmmakers say their debut documentary, Anchorage Welcomes You, is meant to put viewers face-to-face with people living on Anchorage streets — not to prescribe a political fix, but to “describe the situation” and the human stakes behind a crisis visible across the city.
“I think the core story is to shine a light on the prevalence of the problem that is in Anchorage when it comes to drug abuse and homelessness,” said director/cinematographer Peter Gupta. “But it’s also to show how people are … capable of taking a wrong turn in life and coming back from it.”
The documentary was shot over multiple trips to Anchorage spanning roughly two years, beginning with a summer 2022 visit, followed by a winter 2024 return and a completion last fall.
Gupta, along with editor/screenwriter Rasmus Aarskog Sætersdal, said the project first grew out of Gupta’s canoe trip down the Yukon River, where he said he saw “communities ravaged by drugs and alcohol.”
“I canoed the whole length of the Yukon in 2017,” Gupta said. “And I saw what was going on in all the villages. And I wanted to go back and make a film at some point.”
Gupta said he met Anchorage resident Erinn Leann — a central figure in the film — at the end of that trip and told her then he planned to return to Alaska to make a documentary.
A title drawn from a sign — and the ‘duality’ beneath it
The film’s title comes from the weathered “Anchorage Welcomes You” sign seen by commuters entering the city — and, the filmmakers said, from what they described as the contrast between Anchorage’s image and the encampments they saw nearby.
“It was interesting when we were there the first year and we saw this Anchorage welcomes sign falling apart and a whole … camp growing up beneath it,” Sætersdal said. “And it was just this … you can say duality of presentation for the city.”
Gupta said the pair debated keeping the name, but after multiple test screenings they found Alaskans preferred the working title.
“We’ve had ambivalent feelings about the title of the film because it’s kind of tongue in cheek,” Gupta said. “We didn’t want to keep it at some point, but the people from Anchorage really wanted to keep it.”
Building trust — and setting rules
Much of the film unfolds in intimate, up-close moments that are hard to capture in traditional daily news reporting.
Sætersdal said filming required clear rules and consent. He said the filmmakers spent time walking the same routes and meeting the same people repeatedly. Gupta added that trust was foundational.
“I think it’s so important, that respect for whoever is participating, that’s a prerequisite for bringing them into the project,” he said.
Anchorage through outsiders’ eyes
Asked what makes homelessness in Anchorage distinct, Gupta said his travels shaped his perspective. Gupta described what he called “social fragmentation” and “hopelessness” — a situation he said can be more than just a lack of material resources.
“I’ve been around the world,” he said. “And the poverty in the United States is different.
“When you go to the United States, there’s a social fragmentation in a way that is quite unique. And I think there is a hopelessness and a different character to it … it’s not only a material problem. It is also a social problem.”
Sætersdal added Alaska’s identity as a frontier draws people seeking escape.
“Alaska still has this mythical place in imagination as the last frontier,” he said. “You see also people coming from all over the country … coming to Alaska in escapism of something. And then there’s nowhere else to go.”
‘Not to tell the people of Anchorage what to do’
Gupta and Sætersdal said they hope the documentary sparks conversations without presenting a single prescribed solution.
“What we’re trying to do with this film is not to tell the people of Anchorage what to do about homelessness,” Gupta said. “It’s about describing what’s happening and sparking a conversation.
“We hope that we can kind of make the homeless appear as resourceful and also capable of changing. But it’s not down to us what to do with it.”
Returning to Anchorage — and trying to bring the film home
Now, the two say the hope is to screen it in Alaska — and eventually get broader U.S. distribution. They said navigating distribution has been its own grind, but Sætersdal added that Alaska continues to pull at them creatively.
“Alaska really is a place that it sticks to you,” Sætersdal said. “You can’t unsee it once you’ve been there and you can’t like brush it off. It becomes a part of you.”
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Copyright 2026 KTUU. All rights reserved.
Alaska
10 Reasons the 2026 Princess Cruises Season Is the Ultimate Alaska Power Move – AOL
Alaska already has glaciers, whales, old gold-rush towns, wild seafood, and mountains. But Princess Cruises is taking the year by storm with something bigger than a standard summer schedule. The line is sending eight ships to Alaska, adding new North-to-Alaska programming, and giving travelers more ways to turn their trip into a full land-and-sea adventure.
Princess Is Going Bigger Than Ever
Credit: Wikimedia Commons
The 2026 Alaska season gives Princess its largest presence in the region to date, with eight ships, 180 departures, and visits to 19 destinations. Travelers are not boxed into a narrow route or one small batch of dates. The ship lineup includes Star Princess, Coral Princess, Royal Princess, Ruby Princess, Grand Princess, Emerald Princess, Discovery Princess, and Island Princess. For anyone comparing Alaska cruise options, that much capacity means more itinerary choices.
Star Princess Gives The Season A New Headliner
Credit: Wikimedia Commons
Star Princess is the newest ship in the Princess fleet. This matters because Alaska cruising can easily feel like a trade-off between destination and ship experience. Princess is putting one of its newest vessels into one of its most important regions. Star Princess also hosts the new Après Sea experience inside The Dome, a high-positioned venue designed around big views.
Glacier Days Get The Full Main-Event Treatment
Credit: Getty Images
Glacier viewing has always been one of Alaska cruising’s biggest draws, but Princess is giving it extra structure through “The Glacier Experience: A Signature Princess Day.” On select Glacier Bay sailings, guests get close-up glacier views, live narration, and Park Ranger commentary from the bridge and open decks. There are also theater presentations and Junior and Teen Ranger programming. VIP viewing areas and bowfront access add another layer for guests who want the best possible look at the ice.
The Trip Can Extend Deep Into Alaska By Land
Credit: Wikimedia Commons
Princess has long built part of its reputation around cruisetours that combine time at sea with inland travel. A seven-night sailing can deliver a strong Alaska trip in itself. However, inland travel opens the door to scenic train journeys, Princess Wilderness Lodges, and routes to places such as Denali, Kenai, and the Mt. McKinley lodge area. The 2026 season continues to lean into sea-and-land travel.
North To Alaska Makes The Ship Feel Local
Credit: Wikimedia Commons
Princess first introduced its North to Alaska program in 2015, and in 2026, every Princess ship sailing in Alaska will carry the new programming. The whole idea is to bring local culture, food, personalities, and storytelling on board so guests learn something about Alaska between ports. This includes Native Alaskan speakers, naturalists, enrichment presenters, and destination-focused events that connect the trip to the place outside the ship. Names in the speaker series include Tlingit voices, Alaska Native educators, writers, and photographers.
Alaska Seafood Gets A Bigger Seat At The Table
Credit: Wikimedia Commons
Princess is leaning into Alaska’s food identity with “A Taste of The Great Land.” The 2026 specialty restaurant offerings feature sustainably sourced, wild-caught Alaskan seafood created with regional suppliers. Crown Grill offers dishes such as Wild King Salmon, Alaskan Jumbo Lump Crab Cake, and Jumbo Lump Crab paired with Butter-Broiled Lobster Tail. Sabatini’s Italian Trattoria also brings Alaskan fish into an Italian-style setting.
The Entertainment Has Alaska In Its Bones
Credit: Wikimedia Commons
This season also features “Candlelight Concert Series: Fire & Ice,” with Alaska singer-songwriters performing in a candlelit setting twice per voyage. This gives the onboard entertainment a stronger sense of place than a generic music night. Returning favorites add a livelier side, including Great Alaskan Lumberjack Show elements with axe-throwing recruits, trivia, and timber-sports storytelling tied to Ketchikan. Select sailings also feature Deadliest Catch captains and crew members sharing Bering Sea crab-fishing stories. The lineup draws from Alaska’s labor, music, weather, and folklore.
Families Get More Than A Pretty View
Credit: Tripadvisor
Younger travelers are getting special attention, not a watered-down version of the adult trip. Glacier Bay Junior Rangers let kids complete activity books, attend presentations, and earn a badge and certificate through a partnership with the National Park Service. Gold Rush Adventures pulls families into a shipwide Klondike-style search, while Great Alaskan Expedition offers youth and teens a three-hour team-based experience across land, sea, and air. As puppies in the Piazza also return on ships visiting Skagway, guests get to see Alaskan Huskies and sled-dog culture.
Après Sea Gives Alaska A Stylish Cooldown
Credit: Wikimedia Commons
After a long day outside, Princess is adding a dedicated wind-down ritual through Après Sea. The setup is inspired by après-ski culture. Guests can expect warm drinks, happy hour, and panoramic views after they return from exploring. On Star Princess, the experience is in The Dome, and it provides a strong visual setting at the top of the ship. A relaxed lounge concept gives the evening its own personality, and guests don’t have to jump straight from adventure into dinner.
MedallionClass Keeps The Whole Trip Moving Smoothly
Credit: Wikimedia Commons
Alaska days can get busy fast, with early excursions, glacier viewing, dinner plans, family meetups, and plenty of time spent moving around the ship. The Princess Medallion Class setup helps cut down on small hassles. The wearable Medallion supports contactless boarding, keyless stateroom entry, onboard ordering, contactless payment, ship navigation, and locating travel companions through the app. When the day already includes ports, wildlife, ice, and dinner reservations, fewer friction points onboard can make a real difference.
Alaska
Hantavirus outbreak, climate risks from microplastics and Alaska’s surprise tsunami
Rachel Feltman: Happy Monday, listeners! For Scientific American’s Science Quickly, I’m Rachel Feltman. Let’s kick off the week with a quick roundup of some science news you may have missed.
First, you may have seen some headlines last week about an outbreak of hantavirus on a cruise ship. Here to tell us more about what happened is Tanya Lewis, SciAm’s senior desk editor for health and medicine.
Tanya, thanks so much for coming on to walk us through this.
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Tanya Lewis: Yeah, no, thanks so much for having me.
Feltman: Why are we talking about hantavirus and this cruise ship? What happened?
Lewis: Just to catch people up, this outbreak was first noticed about a week ago on a ship called the MV Hondius, which was a cruise ship departing from South America, Argentina. And the people that were sickened and unfortunately passed away, two of those individuals were a married couple who had been traveling—it was a Dutch couple—we think were infected in Argentina and then boarded the ship. And then subsequently, multiple other people have been infected. As of May 7 the number of people on this cruise ship who had been infected with hantavirus was eight people. So that probably could still change.
But you might not have heard of hantavirus before, but it is a virus family that people have been sickened with before, and it’s generally spread by rodents, like rats or mice. And this commonly happens in places where people are exposed to the feces of these animals.
And it causes pretty severe disease. It can cause anything from respiratory distress and fluid in the lungs to some forms of it can be more of, like, a hemorrhagic fever, kind of like Ebola. But the kind that we’re seeing on this cruise ship is more the respiratory kind.
But yeah, this is a virus that, while it is fairly rare to be infected with it, it’s quite lethal. The estimates of its lethality vary, but anywhere from, like, 30 percent to even 50 percent of people infected have died of it.
Feltman: Right, well, and like you said, it, it’s usually spread through rodent feces. But unfortunately, the specific virus we’re talking about, with regard to this cruise ship, is one of the rare instances where it is technically possible to spread from human to human. Can you tell us a little bit more about that?
Lewis: Basically, these individuals on the ship were thought to be infected by human-to-human transmission. At least, that’s the working hypothesis right now. And the reason has to do with the exposure routes.
As I mentioned two of the people were a married couple, so we’re talking about, like, very close contact. This is not something like SARS-CoV-2, the virus that causes COVID, where it’s, like, in the air and wafting around for hours or something. This is something that you would probably need to be, like, breathing very closely, in the same space. And of course, cruise ships are, like, kind of the perfect petri dish for that.
Feltman: Yeah.
So I think there are two things to talk about. There’s, one, why experts are not immediately super concerned about pandemic potential from this specific thing, but also why it is reasonable that I think so many of us, when seeing this news, went, “Uh-oh. We’re—this is a reminder of public-health paradigms I do not wanna be reminded of.”
So let’s start with the good news: Why are experts not freaking out about this?
Lewis: Yeah, so we have to remember that this is a virus that is very different than a lot of the pathogens that have caused respiratory pandemics in the past. In order for a pathogen to be a major pandemic concern, it needs to be very transmissible, and that is something that we have not yet seen with this hantavirus.
I should say, this particular strain is the only strain that has been shown to transmit human to human; it’s called the Andes strain. Most hantaviruses are not thought to spread that way. So the good news is, it’s kind of rare. The bad news, maybe, is that it does appear to have spread, at least, you know, in a limited way, between people.
But yeah, in terms of why experts are not, like, immediately concerned that this will spark a larger epidemic, I think the reason is just that this type of virus and the way it spreads is not conducive, as far as we know, to that type of outbreak. And it’s also happening in a very contained space, so although there have been reports that several of the people on board the ship have disembarked and we are still following that closely, at this point there is no indication of wider community spread, which is what we call it when people are getting infected who have not had direct exposure to the infected individuals.
Feltman: Is there any concern that the time that this virus spent, you know, in such a perfect petri dish may have given it the opportunity to mutate and be better at jumping from person to person?
Lewis: I think what virologists would tell you is, like, the more opportunities a virus has to jump between people, the higher the risk of it developing, like, a concerning mutation that makes it more transmissible.
That said, we’re still talking about a relatively small number of individuals. I mean, eight people sounds like a lot, but, you know, when you’re talking about this being very close quarters on a ship, this is not like, oh, you’re walking into a giant city like New York City and infecting everyone around you or something. So I think that is a little bit reassuring, perhaps, at this point.
But that said, we’ve been humbled before, and I think if there’s one lesson we can take from the COVID pandemic, it’s that we shouldn’t panic, but we should definitely pay attention. And at least scientists wanna know and learn more about this virus and understand it better.
Feltman: I think a lot of people are getting a little freaked out by this news. [Laughs.]
Lewis: Yeah, and I mean, I would be the first to say, like, something like this you hear about, it’s, like, instantly puts you back in that fearful space of 2020. And of course, there was the famous cruise ship, the Diamond Princess, where some of the early COVID cases happened. So that is always concerning.
On the other hand, you know, we have to sort of put it in perspective and remember this is a rare virus and it is something that people have been infected with in the past, so it’s not a completely new virus, unlike SARS-CoV-2, which we had never seen before. So we do have some idea of how this virus works, and while we don’t have any specific treatments for it, we do at least have experts who study it. So that should hopefully give some reassurance that, like, this is not a complete unknown. We are not starting from square one.
Feltman: Thanks for that, Tanya.
Now, listeners, keep in mind we had this conversation on Thursday, May 7. But you can always go to ScientificAmerican.com for more up-to-date science news.
Now for new research on micro- and nanoplastics—but this isn’t the health story you might be expecting. According to a study published last Monday in Nature Climate Change, these tiny bits of broken-down plastic could be contributing to our planet’s warming temperatures.
For starters, just in case you are blissfully unaware: yes, there are, unfortunately, microplastics in the sky. According to a study published in 2021, some of these particles swirl up into the air from the road, where tires and brakes frequently shed small pieces of plastic.
Now, the idea of microplastics permeating the air and even seeding clouds into existence is creepy enough, in my opinion. But this new study suggests they can also have a warming effect on the atmosphere.
Here’s how that would work: if you’ve ever spent time on a patch of blacktop on a sunny summer day, you know that black material absorbs heat. Conversely, white material reflects heat. The same thing happens when you scatter bits of dark and light plastic into the atmosphere, which is what humanity has inadvertently done quite a bit over the past few decades.
Unfortunately, according to this new study, any cooling effects we might get from light microplastics are probably vastly outweighed by the warming effects of dark microplastics. While the estimated effect is a small percentage of the warming fueled by soot from coal power plants, the results are still worrying.
As Jackie Flynn Mogenson reported for SciAm last week, we don’t actually know the concentration of micro- and nanoplastics currently in our atmosphere. But the authors of the new study argue that global climate assessments should do more to factor in these tiny plastic bits. And their findings serve as a great reminder that when we talk about the downsides of plastic, we should recognize that there may be impacts far less concrete and obvious than creating growing piles of trash in landfills.
Now I’ll turn the mic over briefly to SciAm’s chief newsletter editor, Andrea Gawrylewski. She’s gonna tell us about the science behind a tsunami that caught Alaska by surprise.
Andrea Gawrylewski: Thanks, Rachel.
Last summer, in August, a small cruise boat called the David B spent the night in an inlet about 50 miles from Juneau, Alaska. They were supposed to be at anchor nearer to Juneau in this beautiful fjord called Tracy Arm, but bad weather had forced them to pick another place to stay. And it turns out that detour may have saved their lives.
In the morning, from where they were anchored, the boat’s owners noticed seawater rolling over the nearby [sandbar] and shoreline. It was weird because the tide was supposed to be out at that time, and they had no idea why the water was so high.
When scientists heard about the strange sea-level rise, they began examining seismic data, they looked at aerial footage and satellite images, and determined that a massive landslide had occurred at the top of the Tracy Arm fjord.
So what had happened?
The South Sawyer Glacier at the top of Tracy Arm has been steadily shrinking and retreating for the last 25 years. In the spring and summer of last year the ice retreated inland several hundred feet, exposing so much bare rock that it ultimately caused a landslide.
That big slide hit the water and sent a tsunami racing through the fjord—like, so much water that the tsunami surged more than 1,500 feet up the sides of the fjord and sloshed back and forth, like in a bathtub.
That event also produced a seismic signal equivalent to a magnitude 5.4 earthquake. Scientists found smaller seismic events in the data that had occurred at least 24 hours before the big one, and they were increasing exponentially in intensity in the six hours before the landslide.
So now the question is: Could these early seismic signals be used as a warning system? One scientist at the Alaska Earthquake Center has been testing a landslide detection algorithm, and so far it’s detected 35 landslides in near real time. Sending out warnings within three to four minutes of big events could make all the difference to people who live in the area, so scientists are working to improve tools like these.
If you want more updates like this, sign up for my free daily newsletter, Today in Science, at SciAm.com/#newsletter.
Feltman: That’s all for this week’s science news roundup. We’ll be back on Wednesday to talk all about protein. Why is it everywhere all of a sudden? We’ll cut through the hype so you can just enjoy your tofu in peace.
Science Quickly is produced by me, Rachel Feltman, along with Fonda Mwangi, Sushmita Pathak and Jeff DelViscio. This episode was edited by Alex Sugiura. Shayna Posses and Aaron Shattuck fact-check our show. Our theme music was composed by Dominic Smith. Subscribe to Scientific American for more up-to-date and in-depth science news.
For Scientific American, this is Rachel Feltman. Have a great week!
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