Bayer to End PCB Pollution Lawsuit in Oregon with $698 Million Payment

Bayer, the German pharmaceutical and biotechnology company, will pay Oregon $698 million to end a lawsuit over PCB pollution associated with products made by Monsanto, the agriculture giant it now owns, the state’s attorney general announced Thursday.

The move makes Oregon the latest U.S. state to receive millions of dollars in damages from the company for pollution allegedly caused by the chemicals.

It’s the largest environmental damage recovery in Oregon’s history and “magnitudes larger” than any other state settlement over PCB contamination by Monsanto, Attorney General Ellen Rosenblum said. She described it as “vitally important” to the state’s land, air, water, wildlife and residents.

Read more at apnews.com