3 ms·
Isn't $1B a trivial amount for environmental damage?
by JoeAltmaier 3y ago
Isn't $1B a trivial amount for environmental damage?
- HWR_14 3y agoThis is only to cover damage to the drinking water (and excludes any drinking water supplied by state or federal governments). More lawsuits or settlements can concern themselves with damage to the environment. As for if that is a trivial amount for what they are paying for, I don't know.
- Sunspark 3y agoYes. It's an absolute steal of a price to pay for something that persists in the environment. It seems like a big number to people who live off a paycheck but if you compare it to a project like a section of highway construction or an airport or whatever you quickly see that this is no penalty. Put another way, an NBA basketball franchise is worth 2.86 billion on average. The penalty is basically 1/3rd of a pro level basketball franchise.
- JohnFen 3y agoYes, it's meaningless. Once again, these huge corporations are destroying the world for profit and getting away with it.