General Electric’s announcement Tuesday that it is prepared to do its part in dredging the Hudson of PCBs was both welcome and not totally unexpected. The company’s decision came on the last day of the government’s timetable for a response. Failure to meet that deadline would have exposed GE to court action by the Environmental Protection Agency, and likely financial penalties on top of a cleanup project that most experts estimate will cost $500 million.
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General Electric’s announcement Tuesday that it is prepared to do its part in dredging the Hudson of PCBs was both welcome and not totally unexpected. The company’s decision came on the last day of the government’s timetable for a response. Failure to meet that deadline would have exposed GE to cour
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