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Tue March 12, 2013
GE to study Hudson River cleanup expansion
General Electric Co. says it will study a possible expansion of its PCB cleanup of the upper Hudson River after a request by New York state Comptroller Thomas DiNapoli.
GE, which released poly-chlorinated biphenyls into the river decades ago, is preparing for a fourth season of dredging as part of a federal Superfund project. But DiNapoli says Monday that GE could potentially be found liable for contamination outside the Superfund site and filed a shareholder resolution calling on the company to evaluate its risks.
GE agreed to an analysis and DiNapoli, acting as trustee of the state pension fund, withdrew his resolution.
GE spokesman Mark Behan says the cleanup is achieving all of its goals and the company doesn't believe expanded dredging is necessary. But they'll answer DiNapoli's questions by the end of the year.
Copyright 2013 The Associated Press.