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General Electric (GE -0.7%) says it's agreed to examine expanding its cleanup of pollutants from...

General Electric (GE -0.7%) says it's agreed to examine expanding its cleanup of pollutants from a section of New York’s Hudson River after state Comptroller Thomas DiNapoli sought an investor vote on a study to widen the project. GE, which has already spent over $1B on cleanup efforts, discharged as much as 1.3M pounds of carcinogens into the river over a three-decade span, will complete a review this year to determine whether removing more contaminated dirt will help reduce future penalties.
Comments (7)
  • As a GE share holder and past emplyee I am in favor of the company joininng to do the clean-up...
    11 Mar 2013, 02:29 PM Reply Like
  • Alond time shareholder 82 yr old retired chemiast/ engineer.These :clean ups" sometimes do more harm than good.
    Where do they put the "clened up" material?
    11 Mar 2013, 02:49 PM Reply Like
  • As a share holder I like a company that takes responsibility for it's past.
    11 Mar 2013, 02:49 PM Reply Like
  • GE is actually deepening the river. NYS should be paying a portion of the expenses since deepening the river is NYS responsibility
    11 Mar 2013, 02:49 PM Reply Like
  • @Sami12159: The state is not responsible for "deepening" the river. In fact the state does not want the river any deeper. It has naturally gotten deeper as the shore lines have been developed and expanded into the hudson. This is a problem because it increases the risk of exposing the Lincoln and Holland Tunnel super structures and could cause them to collapse. (the more ya know...)
    11 Mar 2013, 03:52 PM Reply Like
  • LM tighting. You are wrong. boats that once couldn't navigate the river in the area of the dreging can now do so. GE is partially doing NYS work.
    12 Mar 2013, 07:27 AM Reply Like
  • How does that make me wrong? I said the hudson is getting deeper. And the state does not want it to get deeper b/c it will collapse the lincoln and holland tunnel.
    13 Mar 2013, 01:04 AM Reply Like
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