GE and EPA Reach Deal to Clean Hudson River
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The Environmental Protection Agency and General Electric Co. have struck a deal on dredging PCB-contaminated sediment from a 40-mile stretch of the Hudson River north of Albany.
GE dumped an estimated 1.3 million pounds of PCBs -- a viscous liquid coolant used in transformers -- into the river from its plants in Fort Edward and Hudson Falls before the federal government banned the substance in 1977.
The agreement calls on GE to pay as much as $78 million of the EPA’s bill, in addition to $37 million already paid.
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