Economic studies published on Bristol Bay fishing, proposed Pebble mine
A university study on the economic impact of the Bristol Bay salmon fishery and an independent study commissioned by the Pebble partnership about the potential economic impact of the proposed Pebble mine have both hit the news recently, with both studies referenced in recent press articles.
Bristol Bay Salmon Industry
The Institute of Social and Economic Research (ISER) conducted “The Economic Importance of the Bristol Bay Salmon Industry” study for the Bristol Bay Regional Seafood Development Association, finding in a conservative estimate that the industry supports 10,000 jobs in the U.S. and has an output value of well over $1 billion annually.
Related news:
Senators Urge Obama to Block Alaska Mine They Say Threatens Fisheries (IndustryWeek)
Bristol Bay sockeye salmon fishery worth $1.5 billion (Cordova Times)
Proposed Pebble mine
Economic analysis firm IHS Global Insight completed a study for the Pebble partnership projecting the economic value of the proposed Pebble mine to the state and the nation. The 51-page report, Economic and Employment Contributions of a Conceptual Pebble Mine to the Alaska and United States Economies, estimates that the proposed mine would add “$136 to $180 million in annual taxes and royalties” to the state economy and could generate 4,725 jobs during the first five years of construction.
Related news:
Pebble study outlines impact (Bristol Bay Times)
Pebble mine impact to propel US and Alaskan economies (MiningWeekly)