Lawmakers Condemn Chris Christie's $225M Settlement Decision with Exxon Mobil
Lawmakers passed a senate resolution Tuesday condemning New Jersey Governor Chris Christie's decision to settle with Exxon Mobil, Politicker NJ reports.
The Senate Environment and Energy Committee are not okay with the proposed $225 million settlement on a series of environmental damage lawsuits for pennies on the dollar.
The new senate resolution, SCR158, "strongly urges" rejections of the proposed settlement in lawsuits brought by New Jersey against Exxon for natural resource damages at Bayway, Bayonne and other New Jersey oil refineries and sites.
State Senator Ray Lesniak introduced the bill during the committee's hearing Tuesday morning saying that the $225 million settlement is "grossly inadequate" when compared to the initial request of $8.9 billion.
Both Lesniak and Senate President Steve Sweeney sponsored the bill.
A handful of lawsuits were filed against Exxon Mobil back in 2004 by the DEP on allegations of contamination and loss of use of over 1,500 acres of wetland, marshes, meadows and waters in North Jersey.
Critics say Chris Christie's decision to settle is letting Exxon off the hook for billions of dollars that could be put toward restoration of contaminated sites in New Jersey.
Environmental activists who are not happy with the settlement decision are calling it one of the "biggest corporate tax subsidies in state history."
Yet, if the settlement is approved, the state would only get about $180 million after legal fees and costs are deducted, The New York Times reports.
Attorney general John J. Hoffman and New Jersey's environmental commissioner Bob Martin said in a statement that the settlement came about "because this administration aggressively pushed the case to trial" and engaged in "long-fought settlement negotiations."
The statement said Hoffman's office negotiated the deal in conjunction with Martin's agency and the office of Gov. Chris Christie.
The governor's office has yet to comment about the settlement.
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