Anadarko Agrees To Record $5 Billion Fine For '85 Years Of Poisoning The Earth' (Click here to read more)
By
Emily Atkin
April 4, 2014
.
Energy
company Anadarko Petroleum Corp. on Thursday announced that it has
agreed to pay $5.15 billion to clean up 85 years of harmful uranium,
wood creosote, and rocket fuel pollution, in what is being widely
reported as the largest environment settlement in history.
.
The
deal with the U.S. Department of Justice ends a long-running lawsuit
against the Kerr-McGee company, an energy and chemical company owned
by Anadarko. Kerr-McGee, the lawsuit claimed, was responsible for
detrimental pollution at more than 2,000 sites nationwide which
caused at least 8,000 cases of cancer, which in some cases led to
death.
.
"If
you are responsible for 85 years of poisoning the earth, you are
responsible for cleaning it up," U.S. Attorney Preet Bharara
said at a press conference.
.
The
settlement still must be approved by a federal judge after a 30-day
public comment period. But if approved, U.S. Deputy Attorney General
James Cole said $4.4 billion of the settlement would go toward
cleanup and environmental claims.
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