i've seen both static as well as induced voltage (a plastic drawer full of LEDs were about 15ft away from an operating tesla coil, and the whole drawer full were flickering, and didn't work later when tested) damage LEDs. max reverse voltage of an LED is usually about 5V. since a reverse biased LED junction acts like an open circuit, that 5V can accumulate quickly in the presence of a static field (or a strong RF field) once a discharge of static breaks down the reverse potential of the LED. the LED is shorted. since 5V is a relatively low threshold, the source of the static charge doesn't even need to come in contact with any part of the LED, as the large field gradient is enough to induce a large voltage across the junction from a considerable distance. that's why static sensitive components are best protected in a conductive plastic bag (the metallized plastic or carbon coated ones being the best, and the pink and blue ones not really very good). the bag acts as a faraday cage where the field gradient inside the shield is zero. in pracice i usually solder a 1N4148 or 1N4004 reversed across an LED (the 4004 i use in applications where a reverse voltage could be connected by mistake). with a diode reversed across the LED junction, the reverse voltage across the LED will always be less than 0.7V. the 2.9k resistor is probably cheaper than a diode, but might not be as effective as a diode in the role of protecting the LED.