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Wednesday, January 13, 2016
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Pebble Mine 2015 in Review: 'The Year of Failing Expensively' by Joel Reynolds
Pebble Mine 2015 in Review: 'The Year of Failing Expensively' by Joel Reynolds
The battle to stop the infamous Pebble Mine isn't over, but if you're a shareholder in the embattled project, 2015 was another disappointing year.
In court and in Congress, trying desperately to recharge its reckless scheme for a massive open pit mine in the headwaters of the Bristol Bay wild salmon fishery, The Pebble Partnership ("Pebble") continued throwing good money after bad. In fact, at Pebble headquarters these days, probably the only happy faces belong to the army of Washington, DC lobbyists and lawyers -- including Pebble's DC-based CEO Tom Collier -- who, in 2015, were the most obvious beneficiaries of what little remains of Pebble's cash on hand.
The battle to stop the infamous Pebble Mine isn't over, but if you're a shareholder in the embattled project, 2015 was another disappointing year.
photograph © copyright, ROBERT GLENN KETCHUM, 2016 |
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