GE agrees to review new PCB hotspots
General Electric Corp. has agreed to prepare an analysis of the actions required to remove recently discovered polychlorinated biphenyl contamination (PCB) contaminated sediments from the Hudson River and report its findings to shareholders, New York State Comptroller Thomas P. DiNapoli announced today.
A copy of GE's letter, agreeing to prepare an analysis, is available below.
The analysis will be completed by the end of 2013. In response to the agreement, DiNapoli withdrew a shareholder resolution calling on the company to do such an evaluation.
“GE deserves praise for getting in front of this problem and exploring the benefits of additional dredging,” DiNapoli said. “The company has agreed to analyze its potential exposure in the event that the EPA determines that PCBs remaining in the river pose an unacceptable risk to public health or the environment. It is much better to act sooner rather than later.”
Material from the Associated Press was used for this blog.
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