If you thought Joe Biden’s decision to cross the railway unions was a tough one, wait until you hear this.
The Environmental Protection Agency (EPA) has recommended shutting down a new mining project.
The problem for Biden… if he shuts down this mining project, it puts a major roadblock in front of his green energy agenda.
What To Do…
If it is open, Alaska’s Pebble Mine will play a major role in any renewable push Biden makes.
The mine is expected to produce a treasure trove of minerals needed for renewable energy, such as copper and molybdenum.
It is estimated that the mine could inject a whopping $8 billion into Southwestern Alaska.
The EPA, however, says the waste discharges would threaten sockeye salmon fisheries that are in the area.
Alaska Department of Environmental Conservation Commissioner Jason Brune, “This isn’t just about Pebble … the precedent this is setting is frightening and will be used going forward by those wanting to stop projects and will send an absolutely chilling message to the investment world about opportunities in the U.S.”
When the U.S. Army Corps of Engineers evaluated the project, it concluded that it “would not be expected to have a measurable effect on fish numbers and result in long-term changes to the health of the commercial fisheries in Bristol Bay.”
PLP CEO John Shively stated, “EPA is not only taking significant tax and royalties from the citizens of Alaska but is also taking away contributions to the Permanent Fund and the dividends it provides to our people.
“In addition, EPA gives little to no consideration to the critical role copper will play in our nation’s transition to more renewable sources of power.”
This is a huge decision for Biden that will deeply impact the 2024 election regardless of which direction he takes. It is truly a rock and a hard place proposition.
Source: Daily Caller
