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The Guardian - US
The Guardian - US
Environment
Tom Perkins

Chemical companies’ PFAS payouts are huge – but the problem is even bigger

The 3M global headquarters in Maplewood, Minnesota. 3M recently agreed to pay $12.5bn to settle PFAS drinking water claims.
The 3M global headquarters in Maplewood, Minnesota. 3M recently agreed to pay $12.5bn to settle PFAS drinking water claims. Photograph: Nicholas Pfosi/Reuters

When the chemical giant 3M agreed in early June to pay up to $12.5bn to settle a lawsuit over PFAS contamination in water systems across the nation, it was hailed by attorneys as “the largest drinking water settlement in American history”, and viewed as a significant win for the public in the battle against toxic “forever chemicals”.

A second June settlement with the PFAS manufacturers DuPont, Chemours and Corteva tallied a hefty $1.1bn. But while the sums are impressive on their face, they represent just a fraction of the estimated $400bn some estimate will be needed to clean and protect the nation’s drinking water. Orange county, California, alone put the cost of cleaning its system at $1bn.

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