Now this is a hefty bill to a company to clean up it's footprints on the environment?
Isn't it about time?
Power firm agrees to record environmental fine
American Electric Power to pay $4.6 billion to reduce Northeast pollution
WASHINGTON - One of the nation’s largest power generators has agreed to end a years-long federal lawsuit by paying $4.6 billion to reduce pollution that has eaten away at Northeast mountain ranges and national landmarks, The Associated Press has learned.
The settlement requires American Electric Power, based in Columbus, Ohio, to reduce chemical emissions that cause acid rain by at least 69 percent over the next decade.
It also fines AEP an additional $15 million in civil penalties and another $60 million in cleanup and mitigation costs to help heal parkland and waterways that have been hurt by the pollution.
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What are your thoughts?
- sunshine25Lv 71 decade agoFavorite Answer
It's great that a major polluter in the area has been successfully sued and made to pay to clean up the damage it's pollutants have caused to the environment.