The National Scene - Written by Beasley Allen on Thursday, June 14, 2007 10:16 - 0 Comments

Polluters Spent Big Bucks to Lobby Federal Government

Tags:

Nearly half of the nation’s toxic waste sites are connected to some 100 companies that spent more than a billion dollars lobbying Congress and the federal government from 1998 through 2005, according to a year-long investigation by the Center for Public Integrity (CPI), a nonprofit, nonpartisan Washington-based organization. Corporations responsible for hundreds of the most toxic sites in the United States spent nearly as much money lobbying politicians and funding political campaigns as they did repaying the government for cleaning up their messes, according to a new analysis by the watchdog group. As a result, the companies may dodge hundreds of millions in cleanup fees. Companies like Exxon Mobil Corp. and Raytheon, a defense contracting giant, are among the roughly 100 businesses responsible for the vast majority of privately controlled polluted or contaminated “Superfund” sites located throughout the United States, according to the new report by the CPI.

The investigation was based on a confidential EPA document listing the top 100 companies potentially responsible for Superfund sites. At least 61 companies on the EPA’s list were among the Fortune 1,000 and Fortune Global 500 last year, with revenue of more than $2.8 trillion and profits of nearly $190 billion during 2006. CPI found that these 61 companies are linked to a total of 582 Superfund sites.

Source: Greenwire




Leave a Reply

Comment

Comments are moderated and generally will be posted if they are on-topic and not abusive.

Powered by WP Hashcash

Recent Settlements - Jan 6, 2009 7:53 - 0 Comments

Class Action Settlement Involving Unearned Premiums For Credit Insurance

More In Recent Settlements


Product Liability - Jan 6, 2009 13:38 - 0 Comments

W.R. Grace To Pay Up To $140 Million In Asbestos Case

More In Product Liability


Recalls Update - Dec 30, 2008 15:38 - 0 Comments

Alabama Firm Recalls Hot Dog Products For Possible Listeria Contamination

More In Recalls Update