El Paso Corporation, as of Dec. 31, 2010, had about US$45 million accrued for all of its outstanding distributed methyl tertiary- butyl ether (MTBE) legal proceedings.
Certain of the Company’s subsidiaries used, produced, sold or distributed MTBE as a gasoline additive.…
Consolidated Edison, Inc. estimates that its undiscounted potential liability for the completion of the site investigation and cleanup of the known contamination on a property in the Astoria section of Queens, N.Y., will be at least US$38 million.
The Company’s subsidiary,…
Consolidated Edison, Inc. says that, In February 2011, the U.S. Environmental Protection Agency released a report of its remedial investigation that confirmed there is significant contamination in the Gowanus Canal in Brooklyn, N.Y.
In August 2009, Company subsidiary, Consolidated Edison Company…
Consolidated Edison, Inc. estimates that the undiscounted potential future liability for additional upland remediation, site monitoring, maintenance, and reporting to the New York State Department of Environmental Conservation (NYSDEC), regarding a former station in Arthur Kill, N.Y., will be about…
Consolidated Edison, Inc. says that subsidiary Orange and Rockland Utilities, Inc.’s (O&R) investigation on a West Nyack, N.Y. site is ongoing.
In 1994 and 1997, O&R entered into consent orders with the New York State Department of Environmental Conservation (NYSDEC) under…
Consolidated Edison, Inc. recorded environmental remediation costs (regulatory assets) of US$695 million at Dec. 31, 2010, compared with US$392 million at Dec. 31, 2009.
Subsidiary Consolidated Edison Company of New York, Inc. (CECONY) recorded environmental remediation costs (regulatory assets) of US$574…
Consolidated Edison, Inc.’s subsidiary, Consolidated Edison Company of New York, Inc. (CECONY) and the New York State Department of Environmental Conservation (NYSDEC), in December 2010, agreed on the terms of a consent order that settled violations of certain laws, regulations…
Consolidated Edison, Inc.’s subsidiary, Consolidated Edison of New York, Inc. (CECONY), is responsible for former manufactured gas plant sites in New York City and Westchester County, N.Y.
CECONY and its predecessors formerly manufactured gas and maintained storage holders for gas manufactured…
Consolidated Edison, Inc. says that subsidiary Orange and Rockland Utilities, Inc. (O&R) and its predecessors formerly owned and operated manufactured gas plants at seven sites (O&R MGP Sites) in Orange County and Rockland County, N.Y.
Three of these sites are now…
Alcoa Inc.’s remediation reserve balance was US$333 million at Dec. 31, 2010 and US$307 million at Dec. 31, 2009 (of which US$31 million at Dec. 31, 2010 and US$27 million at Dec. 31, 2009 was classified as a current liability.
The…