From: | "Terry J. Harris" <tjharris@abs.net> |
Date: | Fri, 11 Dec 2009 10:28:36 -0800 (PST) |
Reply: | cpeo-brownfields |
Subject: | Re: [CPEO-BIF] Asarco Everett, Washington smelter site |
I can't speak to Everett, but the $436 million going to the Coeur d'Alene basin is nowhere near the total that will be necessary here. That's not to say that this isn't completely wonderful news, though. ASARCO had other companies in the region contributing to the North Idaho mine waste mess, but those bankruptcies were, well, bankrupt. Superfund has been paying the bills for quite some time, and unfortunately will be doing so for a long time after the ASARCO money dries up. Terry Harris Executive Director Kootenai Environmental Alliance 408 Sherman Ave. # 301 Coeur d'Alene, ID 83814 www.kealliance.org -----Original Message----- From: brownfields-bounces@lists.cpeo.org [mailto:brownfields-bounces@lists.cpeo.org] On Behalf Of Lenny Siegel Sent: Friday, December 11, 2009 9:14 AM To: Brownfields Internet Forum Subject: [CPEO-BIF] Asarco Everett, Washington smelter site [Someone on this list must know more about this. Asarco reportedly declared bankruptcy "after being overwhelmed by the cleanup costs." But it has just emerged from bankruptcy and agreed to make substantial ($1.79 billion) cleanup payments. Is that enough money? How does this differ from the auto industry bankruptcies, where at least one of the big three U.S. automakers (Chrysler) appears to have washed it hands of its environmental liabilities at closed plants. - LS] Asarco must pay to clean Everett mess By Debra Smith Everett Herald (WA) December 11, 2009 EVERETT - For decades, people in north Everett have lived with a toxic legacy. A long-ago smelter left behind soil laden with arsenic. While the worst contamination has been cleared away, the area has never been completely set right. That toxic legacy may be near its end after an announcement Thursday that the state will receive $44.7 million to clean up contamination in Everett. ... The mining company paid a total of $1.79 billion to settle environmental claims it faced during the company's bankruptcy proceedings. Asarco operated copper, lead and other heavy metal mines and smelters across the West for the past century, but most have closed and require extensive remediation. The company sought bankruptcy protection four years ago after being overwhelmed by the cleanup costs. ... For the entire article, see http://www.heraldnet.com/article/20091211/NEWS01/712119883&news01ad=1 -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <lsiegel@cpeo.org> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org No virus found in this incoming message. Checked by AVG - www.avg.com Version: 8.5.426 / Virus Database: 270.14.103/2558 - Release Date: 12/11/09 10:06:00 _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org |
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