Exxon To Pay $300 Million To Resolve U.S. Pollution Cases

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ExxonMobil Corp. agreed to pay more than $300 million to resolve air pollution violations tied to eight chemical plants in Texas and Louisiana, one of a pair of environmental settlements with oil companies announced by the Trump administration on Tuesday.

Separately, Denver-based PDC Energy Inc. agreed to pay $22.2 million after storage tanks were found to be leaking smog-forming compounds.

The cases are among the most notable environmental enforcement actions by the Trump administration, with at least one target that hits close to home. Secretary of State Rex Tillerson was chief executive officer at Exxon until late last year.

Environmental Protection Agency Administrator Scott Pruitt has vowed to get tough on corporate polluters.

(c) 2017, Bloomberg · Jennifer A. Dlouhy, David Mclaughlin

{Matzav.com}

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