Environment roundup

One Comment

  • Re: lead paint advertising
    From Stohr/Bloomberg
    ” The trial judge later set the tentative amount the companies must pay at $409 million, a figure designed to cover the cost of inspection and abatement in more than a million homes built before 1951.”

    Why would a judge issue such an obviously inadequate, never-to-be-achieved remedy? Starter estimates for cleanup are near $4 billion. It just invites contempt. Or is this just a preventative move to bar re-litigation?
    Lead paint maker NL Industries settled with the counties for $60 million in May as part of the same suit. The original judgement was $1.15 billion.