Article 6DGSH Chemical companies’ PFAS payouts are huge – but the problem is even bigger

Chemical companies’ PFAS payouts are huge – but the problem is even bigger

by
Tom Perkins
from on (#6DGSH)

3M, DuPont, Chemours and Corteva have agreed settlement in the billions for polluting drinking water with forever chemicals'

When the chemical giant 3M agreed in early June to pay up to $12.5bn to settle a lawsuit over PFAS contamination in water systems across the nation, it was hailed by attorneys as the largest drinking water settlement in American history", and viewed as a significant win for the public in the battle against toxic forever chemicals".

A second June settlement with the PFAS manufacturers DuPont, Chemours and Corteva tallied a hefty $1.1bn. But while the sums are impressive on their face, they represent just a fraction of the estimated $400bn some estimate will be needed to clean and protect the nation's drinking water. Orange county, California, alone put the cost of cleaning its system at $1bn.

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