Historic conservation opportunity
for visionary people
that will make a difference
11,000 acres of coal tract are for sale. Located in the Bering, Martin and Copper River watershed – prime wild salmon habitat – the tract is currently owned by the Korean Alaska Development Corporation (KADCO) and is desirable because it has a high-grade bituminous coal subsurface resource that is aggressively sought after by Asian countries for fuel. The principal owner, Dr. Joo Shin, is a willing seller and, much to the consternation of his shareholders, has become a conservationist, desiring to see this land retired with conservation easements and the coal kept in the ground.
With an estimated 35 to 65 million tons of recoverable coal, the Bering River coalfield has literally fueled a century long battle between conservationists and developers. In the early 1900s President Theodore Roosevelt and Gifford Pinchot, father of the US Forest Service, battled the Guggenheim-Morgan industrial syndicate in an effort to establish the Chugach National Forest and protect the Bering River watershed. Bering Coal Fields Overview
In December 2016, EPC, in partnership with the Chugach Alaska Corporation (the regional Alaska Native Corporation), succeeded in securing a historic conservation easement and retiring development rights on 115,000 acres of rainforest and 62,000 acres of the historic Bering River coal title (Bering Coal Rights Retired). The majority of the Bering River coal title has been transferred to the Native Conservancy land trust, resulting in the largest carbon-offset conservation transaction in Alaska’s history.
• The Bering River KADCO tract asking price is $15.8M.
• EPC’s goal is to facilitate the purchase of the remaining 11,000-acre Bering River coal patents that lie within the boundaries of the eastern Chugach National Forest (CNF), forever eliminating the threat of development and protecting regional food security, a world-class fishery economy, and ensuring resilient wild salmon populations.
• EPC will continue outreach and donor fundraising to secure the remaining 11,000 acres of subsurface coal title.
• EPC has allied with The Pinchot Institute for Conservation and have a trust account for holding the private funding. This account has a binding legal caveat of funding protection. All funding will be safe with strict oversight until the transfer or there will be a refund.
• The Bering River KADCO tract represents the only private surface and subsurface inholding in a magnificent region that supports the unique wild Copper River salmon runs.
• EPC’s work to permanently protect the Bering River watershed from coal mining, clearcutting, and roadbuilding has – and will continue to have – dramatic impacts on climate change by keeping an estimated 100 to 185 million metric tons of carbon dioxide in the ground and out of the atmosphere.
• The sale of the KADCO tract must be settled. It will set the value and the stage for one of the most important and largest conservation opportunities in the United States and Internationally.
This is an opportunity investment in forever, and the time is now.
Personal presentations can be arranged. Note that any of our Bering Coal team, including Theodore Roosevelt IV, Jane Goodall, Gifford Pinchot III or Dune Lankard, may be contacted for endorsement, meeting and discussion.
Campaign Partners sound off:
"We believe that a historic conservation outcome can be achieved through the acquisition of the Bering River coal field and the protection of the truly extraordinary fish and wildlife habitat resources on which so many in the region depend for their livelihoods . . .”
- Gifford Pinchot, III and Peter Pinchot
"I am adding my voice to the many others who seek the conservation of the Copper River, Bering River, [and] Martin River watersheds in Alaska. This would be achieved through acquiring and conserving the Bering River coal field, the mining of which would severely and adversely impact the fish and wildlife habitat of that region, as well as the livelihoods directly dependent on such habitat with its biological resources in an unimpaired state.”
- Dr. Jane Goodall
“This opportunity to act in the public interest will soon be gone…The timing on this is now critical.“
- Theodore Roosevelt, IV