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"$310M Settlement Reached for East Palestine Train Derailment"

Norfolk Southern will pay $310 million in a settlement with the US government for the February 2023 train derailment and chemical spill in East Palestine, Ohio. The funds will cover environmental cleanup, long-term monitoring, mental health services, and rail safety improvements. The settlement also includes a $15 million civil penalty for Clean Water Act violations. This follows a separate $600 million class-action settlement with residents, bringing Norfolk Southern's total estimated response cost to over $1 billion. The settlement awaits federal judge approval.

1 year ago•Source: BBC.com

Norfolk Southern Settles $310M for East Palestine Derailment Cleanup

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5.26 min•1 year ago

Norfolk Southern Settles $310M for East Palestine Derailment Cleanup

Norfolk Southern Railway Company has agreed to a $310 million settlement with the U.S. Justice Department and EPA for the February 2023 train derailment in East Palestine, Ohio. The settlement includes measures to improve rail safety, health monitoring, environmental cleanup, and a $15 million civil penalty. The company has already spent $800 million on environmental response and faces nearly $2 billion in total costs. The settlement is subject to a 30-day public comment period and final court approval. Concerns have been raised that the settlement may undercompensate affected residents.

via WKBN.com

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"$310M Settlement Reached for East Palestine Train Derailment"

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