Lisa Jackson’s EPA puts $220 Billion of investments at risk

Having just concluded a mini-vacation which ended up costing me more is filling my gas tank than the vacation itself, I wonder to myself, are we just sheep? Where is the outrage? We all lined up like good foot soldiers at the gas pumps, no complaining, but I did leave a package label titled “Thanks Obama”. I encourage everyone to print up a bunch, and the next time you fill up, leave a label.  So Lisa Jackson continues unabated. Right in Sarah’s home turf. Hey, Mitt, how about letting us hear from the gal at the convention? How about talking about  this gas business?

“To be stopped before the process begins and subject it to a hypothetical is a new wrinkle, and that can chill capital, that can chill investment, and the jobs, in this particular economy, that we want to see,” he continued. “It’s going to have a very negative effect on the manufacturing process in the U.S.”

The Environmental Protection Agency’s (EPA) preemptive assessment of the Pebble Mine in Alaska could have a “chilling effect” on $220 billion in investments, according to the Brattle Group, an economic and financial consulting firm.

In May, the EPA released its watershed assessment of large-scale mining by Pebble LP at Bristol Bay, which could be one of the largest copper and gold mines in the world, and expressed concerns over impact the mine would have on local salmon habitats and surrounding wetlands.

Under the Clean Water Act, operations that dump “dredge or fill materials” into wetlands, rivers, lakes, or streams are required to obtain a Section 404 permit from the U.S. Army Corps of Engineers. The EPA can revoke this permit if there are “unacceptable adverse impacts on municipal water supplies, shellfish beds and fishery areas, wildlife, or recreational areas.”

Read more: Daily Caller