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NC Attorney General Jeff Jackson announces historic settlement with Chemours
WECT • • business
Key Points:
- North Carolina has reached a historic settlement with Chemours, the company responsible for dumping toxic chemicals into the Cape Fear River, with Chemours agreeing to pay nearly $590 million.
- Attorney General Josh Stein emphasized that the settlement aims to hold Chemours accountable and fund the cleanup of contaminated drinking water affecting around 500,000 residents downstream.
- Approximately $380 million of the settlement will be allocated to local governments in affected counties, $75 million to the state’s PFAS cleanup fund, and $135 million reserved in case Chemours goes bankrupt, with DuPont potentially liable.
- The settlement addresses long-term environmental damage beyond a 2019 consent order that required Chemours to reduce pollution and provide replacement water supplies but did not cover past harm.
- The formal announcement was made in Wilmington, a community impacted by the contamination, highlighting the importance of clean drinking water for the region.
