Business

US reaches $5.15 billion environmental settlement

By DINA CAPPIELLOERIC TUCKER
Published April 4, 2014 2:58am ET
Add Washington Examiner on Google
US reaches $5.15 billion environmental settlement
FILE - In this May 7, 1953, file photo, Navajo miners work at the Kerr McGee uranium mine at Cove, Ariz., on the Navajo reservation in Arizona. Kerr-McGee left abandoned uranium mine sites, including contaminated waste rock piles, in the Lukachukai mountains of Arizona and in the Ambrosia Lake area of New Mexico. The Lukachukai mountains are located immediately west of Cove, Ariz., and are a culturally significant part of the Navajo Nation. This site is among thousands that are part of the $5.15 billion settlement with Anadarko Petroleum Corp. with approximate amount of funding for cleanup efforts and details about the sites, in information provided by the Justice Department. (AP Photo) | ap

WASHINGTON (AP) — The federal government on Thursday reached a $5.15 billion settlement with Anadarko Petroleum Corp., the largest ever for environmental contamination, to settle claims related to the cleanup of thousands of sites tainted with hazardous chemicals for decades.

The bulk of the money — $4.4 billion — will pay for environmental cleanup and be used to settle claims stemming from the legacy contamination.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Settlements