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Jersey Shore Town Challenges Toxic Waste Settlement Amidst Rise in Childhood Cancer Cases

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Toms River's Lawsuit Challenges Toxic Waste Settlement Amidst Rising Childhood Cancer Cases

Toms River, a Jersey Shore town where childhood cancer cases have increased, is taking legal action to overturn a settlement between the state and BASF, the corporate successor to the company responsible for dumping toxic waste into the water and ground for decades. The settlement, reached in August, has been deemed "woefully inadequate" by the town and environmental group Save Barnegat Bay. The polluted site remains one of the nation's most notorious pollution cleanup sites, and federal authorities cannot provide an estimate for when the cleanup will be completed. Toms River and Save Barnegat Bay argue that restoration projects should be undertaken throughout the town and nearby communities. The settlement includes a cash payment, additional land for conservation, and restoration projects, but the plaintiffs believe more should be done to compensate for the environmental damage caused by corporate polluters. The appeal was filed on September 28 and announced by the plaintiffs on Tuesday night.

Hot Take: The Impact of Environmental Lawsuits on New Businesses

The legal action taken by Toms River against the settlement with BASF, the company responsible for decades-long toxic waste dumping, could have significant implications for new businesses, especially those operating in environmentally sensitive sectors.

Increased Environmental Accountability

This lawsuit highlights an increasing trend towards holding corporations accountable for environmental damage. New businesses must be aware of this shift and ensure their operations are environmentally sustainable to avoid potential legal and reputational risks.

Impact on Business Costs

The settlement includes cash payments, land for conservation, and restoration projects - all of which represent significant costs. New businesses must factor in the potential financial implications of environmental responsibility and consider it as part of their initial investment and ongoing operational costs.
Community Engagement
The case also underscores the importance of community engagement. Toms River and Save Barnegat Bay's involvement in the lawsuit demonstrates that local communities are increasingly active in holding corporations accountable. New businesses must therefore prioritize building strong relationships with their local communities and involve them in their decision-making processes. In conclusion, Toms River's lawsuit against BASF serves as a stark reminder for new businesses about the importance of environmental sustainability, the potential financial implications of environmental damage, and the need for strong community engagement.
Story First Published at: https://financialpost.com/pmn/business-pmn/jersey-shore-town-sues-to-overturn-toxic-waste-settlement-where-childhood-cancer-cases-rose
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