Pebble Mine should be stopped in its tracks

  • By BARBARA BELKNAP
  • Wednesday, May 24, 2017 8:50am
  • Opinion

Alaska Seafood is a brand. The people of Alaska own the brand and the state government protects the brand through strict regulation and oversight. Millions of state, federal and private dollars have been invested in the Alaska Seafood brand and thousands of jobs depend on it. When a brand is tarnished, it can take years to recover. Sometimes, the brand is ruined forever.

That is why I believe the Pebble Mine is a project that should be stopped in its tracks now. The threat to Alaska’s economy and the investments made to protect our Alaska Seafood brand far outweigh whatever dubious benefits are offered by Northern Dynasty, another foreign corporation in a long list of Outside-owned oil and mineral extractors with no stake in protecting the Alaska brand.

I worked at the Alaska Seafood Marketing Institute from October 1989 to March 2002. For the last five years, I was the executive director. When I started at ASMI, the staff was 100 percent engaged in a battle to save the Alaska Seafood brand from the March 24 Exxon Valdez oil spill. The office was like a war room. Bulletins went out every day to the press and the food industry to keep the facts in front of them. ASMI educated. ASMI convinced. ASMI saved the Alaska Seafood brand.

ADVERTISEMENT
0 seconds of 0 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
00:00
00:00
 

Tim Sohn wrote an article titled “Alaska’s Pebble Mine and the Legend of Trump’s Gold” in the May 2 edition of the New Yorker magazine with this warning: “On Valentine’s Day, Kerrisdale Capital Management, a New York-based hedge fund with a specialty in shorting companies it views as overvalued, released a bearish report. ‘We believe Northern Dynasty is worthless,’ it read. ‘Though the legal and regulatory problems that will continue to plague the Pebble Mine Project even under a Trump presidency are enormous, the project’s Achilles’ heel is more fundamental: economics.’” It bears repeating that the hedge fund said it was worthless. With Pebble Mine investors, the bottom line is the bottom line. That’s why it should be our decision as Alaskans when it comes to protecting our resources and our brand. We’ve invested too much in it to lose it to Northern Dynasty Minerals, a Canadian company that will leave Alaska when their job is done or half-done. Haven’t we learned our lesson from Exxon and British Petroleum when it comes to safeguards, accidents, and accountability?

As Mr. Sohn so aptly described it, “Northern Dynasty has skillfully exploited the Trump narrative to reignite enthusiasm for a company that the market had left for dead. But telling a good story is all Northern Dynasty has ever been good at.” The state constitution stipulates that Alaska’s resources will be developed for the maximum benefit to Alaskans. Period.

 


 

• Barbara Belknap is the former Executive Director of the Alaska Seafood Marketing Institute. She lives in Juneau.

 


 

More in Opinion

Web
Have something to say?

Here’s how to add your voice to the conversation.

Charles VanKirk offers public testimony during a Juneau Assembly meeting on Monday, April 29, 2024. (Mark Sabbatini / Juneau Empire file photo)
My Turn: Pay attention to the projects the Assembly is prioritizing

In the Assembly’s March 3, 2025, FY26 CBJ Capital Priorities List, our… Continue reading

(Juneau Empire file photo)
Letter: Sullivan enabling Trump’s march toward authoritarian rule

To Sen. Sullivan: This letter is in response to your address to… Continue reading

The U.S. Capitol in December of 2024. (Kenny Holston/The New York Times)
Opinion: Time to build a majority from anti-Trump minorities

Four years ago when Republicans defended the Senate filibuster, Sen. Dan Sullivan… Continue reading

Attendees of an empty-chair town hall clap on Thursday, March 20, 2025. (Jasz Garrett / Juneau Empire file photo)
My Turn: A study in contrasts

If you call Social Security these days, the voice message states your… Continue reading

Elon Musk on stage with a chainsaw gifted to him by President Javier Milei of Argentina, left, during the 2025 Conservative Political Action Conference at the Gaylord National Resort and Conference Center in National Harbor, Md., on Thursday, Feb. 20, 2025. (Eric Lee/The New York Times)
My Turn: The DOGE debacle

I guess I’m lucky: Only two of my friends have been fired… Continue reading

U.S. Sen. Lisa Murkowski delivers her annual address to the Alaska Legislature on March 18, 2025. (Jasz Garrett / Juneau Empire file photo)
Opinion: The silence betraying America

“How we came to a place where we are fighting now with… Continue reading

This rendering depicts Huna Totem Corp.’s proposed new cruise ship dock downtown now being considered by the Juneau Assembly. (City and Borough of Juneau)
Opinion: Approval of new cruise dock moves forward

Aak’w Landing, the long-proposed cruise dock development in downtown Juneau is one… Continue reading

(Juneau Empire file photo)
Letter: Getting federal flood help is not waste or fraud

Has Trump, Elon Musk, or any of the DOGE boys ever seen… Continue reading

Jonathan Swinton, executive director of Gastineau Human Services, presides over a ribbon-cutting ceremony for the opening of a remodeled behavioral health clinic at the nonprofit organization’s Lemon Creek campus on Thursday, Oct. 24, 2024. (Mark Sabbatini / Juneau Empire file photo)
My Turn: Three affordable housing solutions for Juneau

Homelessness and affordable housing continue to plague far too many in our… Continue reading

The Mendenhall Glacier Visitor Center on Feb. 22, 2025. (Mark Sabbatini / Juneau Empire file photo)
My Turn: Volunteer for the right cause

Recently I was asked by a friend to volunteer at the Mendenhall… Continue reading

The U.S. Capitol in Washington on Wednesday, March 12, 2025. (Eric Lee/The New York Times)
My Turn: Important questions for Dan Sullivan and Nick Begich

Dan Sullivan and Nick Begich, what are you going to do to… Continue reading