bump - Norfolk Southern has agreed to pay $600M in a settlement over the >$1,100M damages they caused (AP reporting)
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement for a fiery February 2023 train derailment in Ohio, but residents worry the money not only won’t go far enough to cover future health needs that could be tremendous but also won’t amount to much once divvied up.
“It’s not nowhere near my needs, let alone what the health effects are going to be five or 10 years down the road,” said Eric Cozza, who lived just three blocks from the derailment and had 47 family members living within a mile (1.61 kilometers).
More than three dozen of the freight train’s 149 cars derailed on the outskirts of East Palestine, a town of almost 5,000 residents near the Pennsylvania state line. Several cars spilled a cocktail of hazardous materials that caught fire. Three days later, officials, fearing an explosion, blew open five tankcars filled with vinyl chloride and burned the toxic chemical — sending thick, black plumes of smoke into the air. Some 1,500 to 2,000 residents were evacuated.
More than a year later residents still complain about respiratory problems and unexplained rashes and nosebleeds, but the greater fear is that people will develop cancer or other serious conditions because of the chemicals they were exposed to. Researchers have only begun to work on determining the lasting repercussions of the derailment.
Norfolk Southern said the agreement, if approved by the court, will resolve all class action claims within a 20-mile (32-kilometer) radius of the derailment and, for residents who choose to participate, personal injury claims within a 10-mile (16-kilometer) radius of the derailment.
The settlement, which doesn’t include or constitute any admission of liability, wrongdoing or fault, represents only a small slice of the $3 billion in revenue Norfolk Southern generated just in the first three months of this year. The railroad said that even after the settlement it still made a $213 million profit in the quarter.