The government and General Electric Co. struck a deal Thursday on dredging PCB-contaminated sediment from New York's Hudson River, hastening a Superfund cleanup that could cost $500 million or more.For those not aware, GE is, if I recall correctly, responsible for the worst of the superfund sites, and has challenged (and continues to challege) the superfund law in court. Although the deal is good news, I'm taking a wait-and-see attitude towards it, as GE's poor environmental record and the EPA's lax enforcement of environmental laws over the last four years has left me with a great deal of skepticism over whether or not the clean-up will proceed without some catch. Results, then congratulations.
The deal announced by the Environmental Protection Agency means that dredging should begin in the spring of 2007 on a 40-mile stretch of river north of Albany, N.Y.
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