Investors Urge President Obama and EPA Administrator McCarthy to Take Steps to Protect Bristol Bay Region of Alaska
On February 24, 2014, a coalition of concerned investors, lead by Trillium Asset Management and Calvert Investment Management, sent a letter to President Obama and U.S. EPA (Environmental Protection Agency) Administrator McCarthy urging the EPA to initiate a Clean Water Act 404(c) process to provide long term protection for the Bristol Bay region of Alaska.
In January 2014, the EPA released its final assessment of Potential Mining Impacts on Salmon Ecosystems of Bristol Bay, Alaska which states that large scale mining such as the proposed Pebble Mine has “potential for significant effects on Alaska Native cultures” and “the significant loss of Chinook salmon populations” which “would have severe consequences…”.
You can read the recent investor letter here.