10.11.07
American Electric Power of Ohio Settles $4.6 Billion Lawsuit
Coal-fired power plant American Electric Power of Ohio has settled a $4.6 billion lawsuit for polluting eight different states. The U. S. government calls this the largest environmental settlement on record.
The company has been held accountable for creating smog and acid rain that had lead to a number of respiratory ailments and even the disruption of aquatic life. As part of the settlement, American Electric Power has agreed to pay $60 million in cleanup costs, a $15 million fine and cut emissions by 2/3 over the next 10 years.