Pebble Mine is a risk that Anglo American can no longer afford to take. If Anglo American is looking to cut expenses, this is the perfect project to drop. Because local opposition -- and the risks associated with it -- are only increasing.
While it claims independence, Keystone has to concede that its client and financial benefactor is the very partnership that wants to build the Pebble Mine and claims already to have spent over half a billion dollars pursuing it.
The Ronald Reagan Centennial Banquet on Monday night at Guild Hall was a glorious celebration. And yet, for this American, there was one glaring problem. It seemed so small, so wrong, so characteristic of the Obama Administration.