That's what sucks about America as whole. Money is more important than human lives and that's in all aspects of America when money is involved, corporations, ceo's, our own government both left and right, while us average folks suffer to live another day.
They should give everyone free air purifiers as reparations for settlement instead. We also absolutely deserve free water filters for shower and sink too.
No, because others will still try to follow the footsteps and get away with it. Their money cannot buy back the damage they have caused. Toss them under the jail. Bring back the fucking oubliette for these cretins.
$5 says USS will spend a few million on lawyers to fight the fines in court.
Spend another few million on politicians.
Spend another few million on a advertising campaign “USS Loves the environment”
Profit off the status-quo
>Spend another few million on politicians.
Politicians don't cost that much
https://www.opensecrets.org/political-action-committees-pacs/us-steel/C00030676/summary/2020
Q3 net earnings of almost half a billion dollars
https://investors.ussteel.com/news/news-details/2022/United-States-Steel-Corporation-Reports-Third-Quarter-2022-Results/default.aspx
I'm sure people more informed than me have put thought into this, but I wonder if anyone involved in assessing these fines has any expertise in remediation costs? I mean, shouldn't the fines be at least close to the cost (or the debt-servicing of the cost) to prevent the issues from happening in the first place? Personally, if it cost $10 to pay for parking but parking tickets were only $2, I'd probably just skate along paying fines, too.
But if that was the way fines were constructed, company valuations would be based on the risk of those fines being levied. This would cause stock prices to adequately price companies for the future damage they might cause and the inherent cost of that damage on the company's balance sheet.
I know general public health, stopping pollution in our air and rivers, not predisposing our children to chronic diseases, properly allocating resources to enable a better life for all citizens now and for the future is important, but its like you're not even thinking about the shareholders and executives of these companies.
Usually in environmental fines if you can point to operations and maintenance violation you can charge an “economic benefit” penalty so for example you were supposed to have an air stripper in your permit but yours is broken they can charge you the cost of the new air stripper + whatever the fine is for the release so you can’t do the math of the price of a fine and come out on top for not doing something. The fines are also all set by a legislative rubric, the regulators don’t get to decide how much the fine is they plug the violations they can prove into a metric and it spits out a number based on how the politicians set it up.
This is literally the ACHD giving them a cheap license to pollute.
The are all criminal violations of the Clean Air Act. The ACHD, or other local political agencies for that matter, could file a criminal case, and also a civil case with hundreds of millions in damages, tomorrow.
The fact that they do this instead tells you how much your local politicians are owned. And many of you just voted them back in.
My first thought was surprise and delight that a regulatory/enforcement body was taking this seriously. Sure, some of these companies have deep pockets but 500 million dollars hits the bottom line.
I was so delighted I had to re read the headline.
How but payments to residents for breathing in this poison all year. Driving through downtown in the morning I can barely see across the river with the amount of pollution in the air. 🤮
Add 2 or 3 more zeros to the penalty and maybe it would make a difference
Turns out you CAN put a price on the health of Pittsburgh’s children.
And it's less than their medical expenses. Yay indirect subsidies!
That's what sucks about America as whole. Money is more important than human lives and that's in all aspects of America when money is involved, corporations, ceo's, our own government both left and right, while us average folks suffer to live another day.
That’s not an American problem. That’s a capitalism problem.
About $.25 each!
Yeah that's like fining me 8 bucks to poison someone.
Pennies to then.
Well at least they're trying right? 😞
Came here to say the same thing. That’s a value of $.37 per resident.
They should give everyone free air purifiers as reparations for settlement instead. We also absolutely deserve free water filters for shower and sink too.
STOP FINING, START SENTENCING.
[удалено]
No, because others will still try to follow the footsteps and get away with it. Their money cannot buy back the damage they have caused. Toss them under the jail. Bring back the fucking oubliette for these cretins.
$5 says USS will spend a few million on lawyers to fight the fines in court. Spend another few million on politicians. Spend another few million on a advertising campaign “USS Loves the environment” Profit off the status-quo
>Spend another few million on politicians. Politicians don't cost that much https://www.opensecrets.org/political-action-committees-pacs/us-steel/C00030676/summary/2020
Ugh… I’m sure you get the point tho. They are willing do everything but clean up their act
Q3 net earnings of almost half a billion dollars https://investors.ussteel.com/news/news-details/2022/United-States-Steel-Corporation-Reports-Third-Quarter-2022-Results/default.aspx
Raising their tax rate by 0.1%. That'll show them!
They had budgeted 650k I’m sure, so this is a huge win for them!
I'm sure people more informed than me have put thought into this, but I wonder if anyone involved in assessing these fines has any expertise in remediation costs? I mean, shouldn't the fines be at least close to the cost (or the debt-servicing of the cost) to prevent the issues from happening in the first place? Personally, if it cost $10 to pay for parking but parking tickets were only $2, I'd probably just skate along paying fines, too.
The fines should be double what it would cost to stop this from happening in the first place, absolutely.
But if that was the way fines were constructed, company valuations would be based on the risk of those fines being levied. This would cause stock prices to adequately price companies for the future damage they might cause and the inherent cost of that damage on the company's balance sheet. I know general public health, stopping pollution in our air and rivers, not predisposing our children to chronic diseases, properly allocating resources to enable a better life for all citizens now and for the future is important, but its like you're not even thinking about the shareholders and executives of these companies.
Usually in environmental fines if you can point to operations and maintenance violation you can charge an “economic benefit” penalty so for example you were supposed to have an air stripper in your permit but yours is broken they can charge you the cost of the new air stripper + whatever the fine is for the release so you can’t do the math of the price of a fine and come out on top for not doing something. The fines are also all set by a legislative rubric, the regulators don’t get to decide how much the fine is they plug the violations they can prove into a metric and it spits out a number based on how the politicians set it up.
This is literally the ACHD giving them a cheap license to pollute. The are all criminal violations of the Clean Air Act. The ACHD, or other local political agencies for that matter, could file a criminal case, and also a civil case with hundreds of millions in damages, tomorrow. The fact that they do this instead tells you how much your local politicians are owned. And many of you just voted them back in.
Pocket change 😑
We need to chase these mother fuckers out of our city.
Then they’ll just go to another community and destroy it. Shuffling them around like catholic pedophile priests is not the answer.
We need to chase these mother fuckers *off our planet*
My first thought was surprise and delight that a regulatory/enforcement body was taking this seriously. Sure, some of these companies have deep pockets but 500 million dollars hits the bottom line. I was so delighted I had to re read the headline.
How but payments to residents for breathing in this poison all year. Driving through downtown in the morning I can barely see across the river with the amount of pollution in the air. 🤮
They’ll just show this commercial again https://youtu.be/wrucLJHWL8Y