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Monsanto Ordered to Pay $93 Million to Small Town for Poisoning Citizens


Green Lifestyle  (tags: gmo, eco-friendly, Sustainabililty )

Nils Ande
- 55 days ago - naturalsociety.com
Big wins can happen in small places. The West Virginia State Supreme Court finalized a big blow to the biotech giant Monsanto this month,



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Comments

Natasha Salgado (520)
Monday July 28, 2014, 8:10 am
No amount of $$$ can undo the damage. And the amount should def be in the billions--not millions. Thanks Nils
 

Arielle S. (317)
Monday July 28, 2014, 8:44 am
No, not enough, but it's something! May it be the beginning of the end for Monsanto
 

Nils Anders Lunde (550)
Monday July 28, 2014, 9:18 am
Agree, but if this can be used as a precedent in later courts/lawsuits it is a start :-)
 

Robert O. (12)
Monday July 28, 2014, 10:19 am
$93 million is a drop in the bucket for them, but it's a start and sends a message. Thanks Nils.
 

Jinny L. (66)
Monday July 28, 2014, 10:53 am
It is a start....and it shouldn't finish until these "big guys" realize we mean business and to never dare mess with us again. Thanks for sharing Nils.
 

Ben Oscarsito (336)
Monday July 28, 2014, 11:38 am
$93 million...peanuts for Monsanto...
 

Kathleen Mireault (52)
Monday July 28, 2014, 11:45 am
Noted with some satisfaction! Thanks, Nils. Agree that 93 million is a drop in the bucket to Monsterno, but it's a start, and it does send a message.
 

Birgit W. (144)
Monday July 28, 2014, 1:09 pm
This is not enough money of what Monsanto has done, and still is doing. They are criminals, and all the responsible people behind the scene should be jailed.
 

Jamie Clemons (280)
Monday July 28, 2014, 1:29 pm
93 million dollars is nothing to them. They can't replace the lives that are being destroyed.
 

Dianna M. (13)
Monday July 28, 2014, 2:20 pm
Will somebody please notify me when Monsanto actually ponies up the dough? I hope nobody will be offended if I don't hold my breath in the hopes that they pay promptly.
 

Lois Jordan (56)
Monday July 28, 2014, 2:48 pm
Noted. Thanks for posting, Nils. Glad to see it happen and hope it become a trend. I agree with others that it should've been more; and also will be glad to see the headline that they have actually paid the money.
 

Christeen Anderson (489)
Monday July 28, 2014, 3:21 pm
Dollars can never repair damage done.
 

Kate Kenner (200)
Monday July 28, 2014, 3:40 pm
I agree that I'll believe it when I see it-still it made me laugh/smile to think they might get ever so slightly screwed. it shows that there is hope. There has to be hope.
 

Eternal Gardener (743)
Monday July 28, 2014, 4:56 pm
It's a small win on the right side...
 

Carol P. (44)
Monday July 28, 2014, 4:57 pm
How was it even legal to produce it at all for so many years, knowing how toxic it was?
 

Tom Sullivan (99)
Monday July 28, 2014, 9:00 pm
N
 

Colleen L. (2)
Monday July 28, 2014, 11:32 pm
Glad to see that they are being punish for their sins. Thanks Nils
 

Maria Teresa Schollhorn (46)
Tuesday July 29, 2014, 12:27 am
Noted. It is a start.
Thank you Nils.
 

Mary Donnelly (47)
Tuesday July 29, 2014, 4:11 am
Let's hope the message gets through.
 

Marija Mohoric (50)
Tuesday July 29, 2014, 5:07 am
May be a start?
 

Kathleen R. (138)
Tuesday July 29, 2014, 7:26 am
noted & read
 

Anne F. (17)
Tuesday July 29, 2014, 9:25 am
clean dioxin contaminated dust from 4500 homes, Citizens will be monitored for such poisoning for 30 years


 

Joanne Dixon (38)
Tuesday July 29, 2014, 1:43 pm
Of course it's chump change to Monsanto or they wouldn't have agreed to it. But it looks well written. I particularly like coverage extended to former residents back to 1948, and continued testing u to 30 years. Someone was thinking.
 

Wayne W. (12)
Tuesday July 29, 2014, 3:06 pm
Corporations Offset Fines and Penalties with Tax Write-Offs
http://www.allgov.com/news/where-is-the-money-going/corporations-offset-fines-and-penalties-with-tax-write-offs-130107?news=846679

[F]ederal law clearly states that punitive penalties and fines exacted by government agencies are not tax-deductible, but settlement agreements rarely specify what portion of the amount levied is regarded as punitive and what portion is compensatory.

Compensatory damages, i.e., dollar amounts to make up for actual losses, are tax-deductible. Corporate tax lawyers can take advantage of this ambiguity—and probably actively seek it—by treating the entire amount as compensatory and thus deductible.

Examples cited in the report include the $1.5 billion UBS settlement that could cost taxpayers as much as $245 million; BP’s 2011 $10 billion windfall arising from its tax write-off of $37.2 billion for Gulf oil spill disaster expenses; and the fact that Exxon used tax deductions so that it had to pay only a fraction of its $1.1 billion settlement related to the 1989 Exxon Valdez oil spill in Alaska.

 

Panchali Yapa (13)
Tuesday July 29, 2014, 8:40 pm
Thank you
 

Sheila D. (25)
Tuesday July 29, 2014, 8:54 pm
Good for West Virginia's Supreme Court. It's nice to hear Monsanto hasn't bought out everyone. Thanks for the article.
 

Sherri G. (113)
Wednesday July 30, 2014, 1:11 am
The fine needs to be doubled to stop these greedy bastards. Noted TY Nils
 

Nils Anders Lunde (550)
Wednesday July 30, 2014, 4:00 am
Wayne W

Yes i am aware of such and it is a practice all over the world specially the western world. Should be a law against it! Thankyou for bringing it up :-)
 

Enrico H. (7)
Wednesday July 30, 2014, 6:02 am
thanks for sharing
 

Nancy C. (798)
Wednesday July 30, 2014, 7:14 am
keep these lawsuits coming for the sake of human existence and the planet's health
 

Thomas M. (6)
Wednesday July 30, 2014, 7:44 am
Corporations will receive their fines at our expense through death, injury, illness, increased consumer expense, etc. Until the executives of these companies go to prison for a long time for the harm caused people and the environment, they will continue their experiments on humanity. After all, corporations are people, too!!!! Monsanto is going to have a huge problem: they are going to have to clean up an entire planet. Roundup ingredients have been discovered in 70% of the air and water samples taken. How interesting this is all going to become.
 

Evanola Davis (68)
Wednesday July 30, 2014, 9:23 am
However small this victory it is a step in the right direction.
 

Sara P. (57)
Saturday August 30, 2014, 11:01 am
Noted Nils, thanks for posting this interesting news
 
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