Current:Home > InvestCourt approves 3M settlement over ‘forever chemicals’ in public drinking water systems -Edge Finance Strategies
Court approves 3M settlement over ‘forever chemicals’ in public drinking water systems
View
Date:2025-04-18 09:12:48
Chemical manufacturer 3M will begin payments starting in the third quarter to many U.S. public drinking water systems as part of a multi-billion-dollar settlement over contamination with potentially harmful compounds used in firefighting foam and several consumer products, the company said.
St. Paul, Minnesota-based 3M announced Monday that last year’s lawsuit settlement received final approval from the U.S. District Court in Charleston, South Carolina.
The agreement called for payouts through 2036. Depending on what additional contamination is found, the amount paid out will range from $10.5 billion to $12.5 billion.
“This is yet another important step forward for 3M as we continue to deliver on our priorities. The final approval of this settlement and continued progress toward exiting all PFAS manufacturing by the end of 2025 will further our efforts to reduce risk and uncertainty as we move forward,” 3M’s chairman and CEO, Mike Roman, said in a news release.
The deal compensates water providers for pollution with per- and polyfluorinated substances, known collectively as PFAS — a broad class of chemicals used in nonstick, water- and grease-resistant products such as clothing and cookware.
PFAS have been described as “forever chemicals” because they don’t degrade naturally in the environment. They’ve been linked to a variety of health problems, including liver and immune-system damage and some cancers.
The compounds have been detected at varying levels in drinking water nationwide. The Environmental Protection Agency in March 2023 proposed strict limits on two common types, PFOA and PFOS, and said it wanted to regulate four others. Water providers would be responsible for monitoring their systems for the chemicals.
The 3M settlement first announced in June came in a lawsuit by Stuart, Florida, one of about 300 communities that had filed similar suits against companies that produced firefighting foam or the PFAS it contained. The payment will help cover the costs of filtering PFAS from systems.
Some of the settlement money will help additional water systems test for contamination from PFAS, said Scott Summy, one of the lead attorneys for those suing 3M and other manufacturers. They have until June 2026 to apply for compensation if contamination is found.
“That’s great news for American citizens who drink from that water,” Summy said. “It’ll help rid our public drinking water systems of PFAS, and that’s the most important thing about the settlement.”
Also, last June, DuPont de Nemours Inc. and spinoffs Chemours Co. and Corteva Inc. reached a $1.18 billion deal to resolve PFAS complaints by about 300 drinking water providers. Several states, airports, firefighter training facilities and private well owners also have sued.
veryGood! (974)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Virginia deputy dies after altercation with bleeding moped rider he was trying to help
- Faking an honest woman: Why Russia, China and Big Tech all use faux females to get clicks
- Chace Crawford Confirms He’s Hooked Up With One of His Gossip Girl Co-Stars
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Christian McCaffrey is cover athlete for Madden 25, first 49ers player to receive honor
- 12-year-old boy hospitalized after sand hole collapsed on him at Michigan park
- Julia Louis-Dreyfus on Tuesday and podcast Wiser Than Me
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Paris Hilton Shares Insight Into Sofia Richie's New Chapter as a Mom
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- After years of delays, scaled-back plans underway for memorial to Florida nightclub massacre
- Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation
- Keeping Stormwater at Bay: a Brooklyn Green Roof Offers a Look at a Climate Resilient Future
- Stamford Road collision sends motorcyclist flying; driver arrested
- Biden administration to bar medical debt from credit reports
- MLB's most affordable ballparks: Which stadiums offer the most bang for your buck?
- Bankruptcy case of Deion Sanders' son Shilo comes down to these two things: What to know
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
John McEnroe angers fans with comments about French Open winner Iga Swiatek — and confuses others with goodbye message
Joey Chestnut will not compete at 2024 Nathan's Hot Dog Eating Contest
Man arraigned in fatal shooting of off-duty Chicago police officer
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Homeowners surprised to find their million-dollar house listed on Zillow for $10,000
Alabama seeks more nitrogen executions, despite concern over the method
US Coast Guard boss says she is not trying to hide the branch’s failure to handle sex assault cases