🌎Proposed Consent Decree by DOJ Regarding Environmental Cleanup Costs
Notice of Lodging of Proposed Consent Decree Under the Comprehensive Environmental Response, Compensation, and Liability Act
Summary
The Department of Justice has lodged a proposed Consent Decree addressing cleanup actions required for uranium contamination at two Superfund sites in New Mexico. The decree mandates United Nuclear Corporation to undertake a remedial action at a significant financial cost, while providing legal protection under specific environmental statutes for the settling parties. Public comments are invited during the review period.
Agencies
- Justice Department
Business Impact
$$$ - High
The proposed Consent Decree carries significant financial implications for the United Nuclear Corporation and General Electric Company, requiring them to complete a $62.5 million remedial action for environmental cleanup. This could set precedents for future liabilities and compliance costs for similar companies involved in environmental remediation.