Last week, as four major environmental groups in Washington were endorsing President Obama’s re-election, eco-bosses from the Natural Resources Defense Council flew a planeload of anti-industry activists halfway around the world to London. NRDC, the New York City-based green giant ($232.3 million assets in 2010), sent its minions abroad in hopes of destroying America’s best strategic mineral reserve, one of the largest known ore bodies of copper on the planet: Alaska’s Pebble Mine deposit.
The Pebble Partnership (between Anglo American and Northern Dynasty Minerals) has invested more than $400 million to make Pebble — still in the pre-permit stage — the most environmentally friendly mine in history. The Partnership will spend several billion dollars and create about 2,000 jobs for mine construction, plus a thousand skilled mining jobs over the life of the mine. No plan has yet been released, which gives the opposition a free hand at make-believe, fear-mongering descriptions of what to expect.