State lawsuit claims federal government owes Alaska $700 billion for quashing Pebble mine
The federal government owes Alaska more than $700 billion in compensation for the 2023 Environmental Protection Agency action that blocked development of the massive and controversial Pebble Mine in Southwest Alaska, Gov. Mike Dunleavy’s administration claims in a lawsuit filed in a federal court. The lawsuit, filed Thursday in the U.S. Court of Federal Claims in the District of Columbia, is part of a flurry of legal actions by the state and the mine’s would-be developer that seek to revive the massive copper and gold project. In its complaint filed Thursday with the U.S. Court of Federal Claims, the state cited an estimate for 100 years of production to support the $700 billion figure. And it said Alaska had been depending on Pebble development for its economic future. more, >>click to read<< 09:26
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