Environmental bankruptcy settlement.

[LiberalAndProud]

Nebraska to get funds from environmental bankruptcy settlement
By the Lincoln Journal Star
Posted: Thursday, December 10, 2009

At least seven Superfund sites in EPA Region 7, including five in Missouri and one each in Kansas and Nebraska, will receive a total of $282 million, plus interest, to pay for environmental cleanup and restoration work as a result of a legal settlement in the largest environmental bankruptcy case in U.S. history.

The seven sites are among more than 80 Superfund sites in 19 states receiving portions of a $1.79 billion settlement from the reorganization of the American Smelting and Refining Co., or ASARCO.

The funds will be used to pay past and future costs incurred by federal and state agencies to address environmental contamination caused by ASARCO's operations around the country, the EPA said in a news release.

http://www.journalstar.com/news/state-and-regional/nebraska/article_ecf3d710-e5df-11de-a424-001cc4c002e0.html

This is good news for taxpayers and the environment.