GE to pay 500 mln dollars for New York river cleanup

Posted by Washington Post: Juliet Eilperin on December 23rd, 2010
AFP: General Electric said Thursday it will soon complete a 500-million-dollar toxic waste cleanup project in New York's Hudson river to settle a decades-old battle with US environmental authorities. The giant industrial conglomerate said it had informed the US Environmental Protection Agency (EPA) that it will complete the second and final phase of the Hudson riverbed dredging project in late Spring 2011. It said it had set aside 500 million dollars for the project and that it "expects this step......

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