Current:Home > InvestCourt approves 3M settlement over ‘forever chemicals’ in public drinking water systems-DB Wealth Institute B2 Reviews & Ratings
Court approves 3M settlement over ‘forever chemicals’ in public drinking water systems
lotradecoin beginners View Date:2024-12-25 16:30:26
Chemical manufacturer 3M will begin payments starting in the third quarter to many U.S. public drinking water systems as part of a multi-billion-dollar settlement over contamination with potentially harmful compounds used in firefighting foam and several consumer products, the company said.
St. Paul, Minnesota-based 3M announced Monday that last year’s lawsuit settlement received final approval from the U.S. District Court in Charleston, South Carolina.
The agreement called for payouts through 2036. Depending on what additional contamination is found, the amount paid out will range from $10.5 billion to $12.5 billion.
“This is yet another important step forward for 3M as we continue to deliver on our priorities. The final approval of this settlement and continued progress toward exiting all PFAS manufacturing by the end of 2025 will further our efforts to reduce risk and uncertainty as we move forward,” 3M’s chairman and CEO, Mike Roman, said in a news release.
The deal compensates water providers for pollution with per- and polyfluorinated substances, known collectively as PFAS — a broad class of chemicals used in nonstick, water- and grease-resistant products such as clothing and cookware.
PFAS have been described as “forever chemicals” because they don’t degrade naturally in the environment. They’ve been linked to a variety of health problems, including liver and immune-system damage and some cancers.
The compounds have been detected at varying levels in drinking water nationwide. The Environmental Protection Agency in March 2023 proposed strict limits on two common types, PFOA and PFOS, and said it wanted to regulate four others. Water providers would be responsible for monitoring their systems for the chemicals.
The 3M settlement first announced in June came in a lawsuit by Stuart, Florida, one of about 300 communities that had filed similar suits against companies that produced firefighting foam or the PFAS it contained. The payment will help cover the costs of filtering PFAS from systems.
Some of the settlement money will help additional water systems test for contamination from PFAS, said Scott Summy, one of the lead attorneys for those suing 3M and other manufacturers. They have until June 2026 to apply for compensation if contamination is found.
“That’s great news for American citizens who drink from that water,” Summy said. “It’ll help rid our public drinking water systems of PFAS, and that’s the most important thing about the settlement.”
Also, last June, DuPont de Nemours Inc. and spinoffs Chemours Co. and Corteva Inc. reached a $1.18 billion deal to resolve PFAS complaints by about 300 drinking water providers. Several states, airports, firefighter training facilities and private well owners also have sued.
veryGood! (1266)
Related
- Biden to designate 1908 Springfield race riot site as national monument
- Jax Taylor Breaks Silence on Brittany Cartwright Dating His Friend Amid Their Divorce
- Sofia Richie Reveals 5-Month-Old Daughter Eloise Has a Real Phone
- Inter Miami's MLS playoff failure sets stage for Messi's last act, Alexi Lalas says
- A fiery Texas politician launched a legal assault on Google and Meta. And he's winning.
- Up to 20 human skulls found in man's discarded bags, home in New Mexico
- Shocked South Carolina woman walks into bathroom only to find python behind toilet
- Up to 20 human skulls found in man's discarded bags, home in New Mexico
- Australian Olympic Committee hits out at criticism of controversial breaker Rachael Gunn
- Louisiana man kills himself and his 1-year-old daughter after a pursuit
Ranking
- NASA Shares Update on Astronauts Stuck Indefinitely in Space
- Golden Bachelorette: Joan Vassos Gets Engaged During Season Finale
- Amazon's 'Cross' almost gets James Patterson detective right: Review
- Today Reveals Hoda Kotb's Replacement
- Usher Cancels Atlanta Concert Hours Before Show to Rest and Heal
- It's Red Cup Day at Starbucks: Here's how to get your holiday cup and cash in on deals
- Judge hears case over Montana rule blocking trans residents from changing sex on birth certificate
- More than 150 pronghorns hit, killed on Colorado roads as animals sought shelter from snow
Recommendation
-
Australian Olympic Committee hits out at criticism of controversial breaker Rachael Gunn
-
Ford agrees to pay up to $165 million penalty to US government for moving too slowly on recalls
-
Dick Van Dyke says he 'fortunately' won't be around for Trump's second presidency
-
Inter Miami's MLS playoff failure sets stage for Messi's last act, Alexi Lalas says
-
US Army intelligence analyst pleads guilty to selling military secrets to China
-
New Pentagon report on UFOs includes hundreds of new incidents but no evidence of aliens
-
Conviction and 7-year sentence for Alex Murdaugh’s banker overturned in appeal of juror’s dismissal
-
Mike Tyson employs two trainers who 'work like a dream team' as Jake Paul fight nears