Our last post took a look at the state and federal tax revenue that would be created if the proposed Pebble Mine project were to go forward. But the project is more than just tax revenue, as the study notes. Look at the jobs that would be created:
Image via VisualCapitalist.com
Breaking this down a bit, we see that for the first five years (during the construction phase), the Pebble Mine would support about 16,000 jobs, with about 5,000 of those jobs being performed in Alaska and about 11,500 of the jobs being performed in the continental United States.
For the next 5-30 years (while the minerals are being extracted), the project would support about 12,000 jobs in the continental United States, and about 3,000 jobs in Alaska, for a total of close to 15,000. And finally, after the initial 30 year extraction period is up, the project is expected to continue supporting almost 17,000 jobs well into the future.
And these jobs will be high paying, well above the average income in Alaska and the United States:
Image Via VisualCapitalist.com
It’s hard to stress enough how beneficial this project could be for Alaska’s economy (as well as the rest of the United States). Let’s hope that the EPA doesn’t squash the potential benefits of this project.