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N.J.

Gov. Christie On Exxon Settlement: This Is $225 Million On Top Of Paying To Fix What They Polluted

Gov. Christie On Exxon Settlement: This Is $225 Million On Top Of Paying To Fix What They Polluted
BY KEVIN ROBERTS
SPECIAL TO NEWJERSEYNEWSROOM.COM

Governor Christie made clear today that the largest National Resource Damages (NRD) payment by a single corporate defendant every in New Jersey history is on top of what ExxonMobil is obligated to pay to clean up what they polluted in accordance with State standards. ExxonMobil remains on the hook for those clean up and remediation costs – with no cap on the amount. In addition:

* At $225 million, the ExxonMobil settlement is far and away the largest NRD settlement payment negotiated by a single corporate defendant - ever.

* The all-time 20 other largest NRD settlements with similar such awards have only averaged $25.2 million.

* The 8 largest settlements of all-time were all negotiated under the Christie Administration.

* The 13 largest settlements negotiated before the Christie Administration averaged only $4.19 million. (See the chart below)

The Gov reiterated that the Attorney General’s Office litigated this case aggressively to get the case, more than a decade old, resolved, resulting in this historic payment in addition to ExxonMobil’s obligation to pay for the cost of cleaning up what they polluted.

 

NJ Moth, Franklinite and Edison Finally Get Some Respect

NJ Moth, Franklinite and Edison Finally Get Some Respect
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Did you realize that Thomas Edison basically started his career as an inventor in Newark? Some local politicians did.

Now they’ve decided to give the Wizard of Menlo Par...

What is Crowdfunding and How Can it Assist Small Businesses?

What is Crowdfunding and How Can it Assist Small Businesses?
SPECIAL TO NEWJERSEYNEWSROOM.COM

TRENTON – The General Assembly today (March 9) approved legislation sponsored by Assembly Republicans Parker Space and Alison Littell McHose to help start-up and emergi...

Unpleasant Surprise for Christie in Iowa: Sandy Survivors Protest, say, "Finish the Job, Get our Families Home'

Unpleasant Surprise for Christie in Iowa: Sandy Survivors Protest, say,
BY AMANDA DEVECKA-RINEAR
SPECIAL TO NEWJERSEYNEWSROOM.COM

Governor Christie attended the 2015 Iowa AG summit to 'highlight and promote agriculture', with other presidential hopefuls. Yet with the two a...

Tide Turning Against PARCC in New Jersey

Tide Turning Against PARCC in New Jersey
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

More and more families in New Jersey are choosing to refuse the controversial Partnership for Assessment of Readiness for College and Careers student evaluations.

Even t...

Expand Sports Betting and Casinos? Jerseyans Say Not So Fast

Expand Sports Betting and Casinos? Jerseyans Say Not So Fast
BY KRISTA JENKINS
SPECIAL TO NEWJERSEYNEWSROOM.COM

Opinion is divided in the Garden State over whether the federal government should lift its ban on sports betting versus allowing it to remain in place,...

Expand Sports Betting and Casinos? Jerseyans Say Not So Fast

Expand Sports Betting and Casinos? Jerseyans Say Not So Fast
BY KRISTA JENKINS
SPECIAL TO NEWJERSEYNEWSROOM.COM

Opinion is divided in the Garden State over whether the federal government should lift its ban on sports betting versus allowing it to remain in place,...

Exxon Settlement Gets Murkier: Lesniak Points Finger at N.J. Acting Attorney General

Exxon Settlement Gets Murkier: Lesniak Points Finger at N.J. Acting Attorney General
BY RICHARD McGRATH
SPECIAL TO NEWJERSEYNEWSROOM.COM

ELIZABETH - Senator Raymond Lesniak issued the following statement today in response to the assertions in a New York Times story that the Governor's c...

N.J. Parents and Activists Protest $83 Million Tax Break for Testing Giant Pearson Education

N.J. Parents and Activists Protest $83 Million Tax Break for Testing Giant Pearson Education
BY ROB DUFFEY
SPECIAL TO NEWJERSEYNEWSROOM.COM

HOBOKEN – Dozens of activists staged a demonstration outside the new offices of Pearson Education in Hoboken to protest Governor Christie’s $83 million sub...

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