Bluebell Capital Partners is working to form a coalition of stakeholders, to apply concerted pressure on the Board of Directors of Solvay S.A., to commit to ceasing the discharge on the shore of Rosignano (Italy) and subsequently into the…
This letter supports the call of Bristol Bay Native Tribes, commercial fishermen, business leaders, conservation organizations, and others for the U.S. Environmental Protection Agency and Congress to provide lasting protection for the world’s most prolific salmon fishery. Please see attached letter.
I am writing to invite you to join a letter which articulates investor support for protection against large-scale mining for Alaska’s Bristol Bay, and calls on the U.S. EPA and Congress to use their authority to take recommended steps to afford permanent protection for the Bristol Bay wild salmon fishery.
The deadline to sign this letter is Friday March 26th.
For over a decade, investors have expressed concerns about large-scale mining, including the proposed Pebble Mine, in the Bristol Bay region of Alaska. Alaska’s Bristol Bay supports the largest and most productive wild salmon fishery on earth, supplying half of the world’s commercial supply of wild sockeye salmon, $1.5 billion in annual revenue, 14,000 jobs, and sustaining Alaska Native communities that have relied on the salmon for millennia.
In November 2020, the U.S. Army Corps of Engineers (Corps) rejected the proposed Pebble Mine permit application after determining that its development would “cause unavoidable adverse impacts” to aquatic resources and would result in “significant degradation” to aquatic resources. The Corps concluded that the mine as proposed “cannot be permitted under section 404 of the Clean Water Act,” and it would be “contrary to the public interest.”
Now that the Corps has rejected the proposed Pebble Mine, Bristol Bay Native Tribes, commercial fishermen, business leaders, conservation organizations, and others are calling on the U.S. Environmental Protection Agency and Congress to provide lasting protection for the world’s most prolific salmon fishery, with the following two steps:
- Initiate EPA 404(c) protections: EPA should use its authority under Section 404(c) of the Clean Water Act to immediately restrict mine waste disposal in wetlands, rivers and streams within the Bristol Bay watershed.
- Establish a National Fisheries Area: Congress should enact legislation to establish a National Fisheries Area to provide permanent federal protection against large-scale mining within the Bristol Bay watershed.
As many of you may recall, this has been an ongoing effort for many years. And over that time, Mitsubishi, Anglo-American, and Rio Tinto have all withdrawn from the project. These have been for a variety of reasons, but investor focus on Indigenous Peoples rights and biodiversity have been central to investor action on Pebble Mine.
The letter will be delivered in late March or early April 2021 in a public manner and will be shared with journalists.
If you are interested in joining, please fill out the form at https://forms.gle/ACHvaCytJvmHyyg4A.