By Marc Levy

Norfolk Southern has pledged several million dollars to cover the cost of the response and recovery in Pennsylvania after last month's derailment of a train carrying toxic chemicals just across the border in Ohio, Gov. Josh Shapiro said Monday.

Shapiro's office said he met with Norfolk Southern CEO Alan Shaw on Thursday and secured an initial commitment for financial aid as the cleanup from the Feb. 3 derailment continues.

Norfolk Southern has made similar pledges to Ohio, and the U.S. Environmental Protection Agency has ordered the company to cover the costs of cleanup from the derailment that toppled 38 rail cars in East Palestine, Ohio.

No one was hurt, but concerns that the chemicals could explode led state and local officials to approve releasing and burning toxic vinyl chloride from five tanker cars and to evacuate half of East Palestine and the surrounding area near the Pennsylvania border. Shapiro said Norfolk Southern will pay $5 million to reimburse fire departments for equipment that was contaminated or damaged and $1 million to Beaver and Lawrence counties to help business owners and residents whose livelihoods were damaged.

Another nearly $1.4 million will go to state agencies that responded, including for setting up a health clinic for residents, Shapiro said.

Shapiro's office said he will push Norfolk Southern to cover any additional costs that accumulate.

In Ohio, Norfolk Southern previously announced more than $1 million to replace fire equipment used in the response to the fiery wreck, plus $1 million for East Palestine and more than $1.2 million for evacuation costs for nearly 900 families and businesses.

The company has said it is “committed to coordinating the cleanup project and paying for its associated costs,” and wants to ensure that East Palestine’s residents and natural environment recover.

Federal and state officials have repeatedly said it’s safe for evacuated residents to return to the area and that air testing in the town and inside hundreds of homes hasn’t detected any concerning levels of contaminants. However, some residents say they’re still suffering from illnesses nearly a month later.

Share:
More In Politics
Oil Price Crisis Could Lead to Speedier Push Toward Clean Energy Transition
As gas prices surge amid the Russian invasion of Ukraine, other nations could potentially transition faster to using clean energy than previously expected. Philip K. Verleger, a senior fellow at the Niskanen Center, joined Cheddar News to explain how this could be a possibility in the near future. "Part of the reason I think we have this invasion and the tantrum that's being thrown by Russia, terrible tantrum, is because the Russians were trying to slow down the transition," he said. "Ironically they speeded it up."
Impact on Consumers as More Companies Leave Russian Market
Following the invasion of Ukraine, a multitude of Western companies have paused doing business with Russia. PepsiCo, Coca-Cola, McDonald's, and Starbucks are the most recent companies to temporarily cease operations in Russia. Dean of Miami Herbert Business School at the University of Miami, John Quelch, joined Cheddar News to discuss what message this sends to Russia and the Russian consumer. “I would not underestimate the collective strength of all of these multinational companies, essentially coming together to make their collective statement in support of the political statements that have come out of Washington," he said.
Russia-Ukraine Crisis Putting Crypto In The Spotlight
The war in Ukraine continues to reveal heartbreaking gut-wrenching stories. The war in itself is not only devastating but also expensive. Experts estimate that Russia is draining nearly $20 million dollars each day to continue occupying and invading Ukraine. All this could force the country to turn to cryptocurrencies. It's a major turn for the country that briefly considered outlined digital assets entirely, but it could also have serious implications for cryptos. Managing Director at Quantum Fintech Group, Harry Yeh, joined Cheddar to discuss more.
Why U.S. Oil Production Won't Ramp Up Overnight
President Biden announced a ban on Russian oil and natural gas imports to the U.S. in response to its invasion of Ukraine, a move he warned could lead to an even greater surge in gas prices. The ban is prompting a conversation about the current oil production levels in the U.S. and whether or not the industry can ramp up production to soften the blow to American families at the gas pump. Clark Williams-Derry, Energy Finance Analyst with the Institute for Energy Economics and Financial Analysis, breaks down the state of the U.S. oil industry and how the ban might impact production levels here at home.
What Biden's Ban on Russian Oil Imports Could Mean for Growing Energy Costs
As Russia intensifies its war on Ukraine, President Biden announced a ban on oil imported from the aggressor nation. Critics of Russia have said this would be the best way to force Putin to pull back, but curbs on Russian oil exports are expected to send already skyrocketing oil and gas prices even higher, further impacting consumers, businesses, financial markets, and the global economy. Leslie Beyer, CEO of the Energy Workforce and Technology Council, joined Cheddar News' Closing Bell to discuss. "It's certainly going to increase pricing, but it is the right thing to do," she said. "The industry itself has already pulled out of the significant portion of its operations in Russia."
Problem Gambling Concerns With Sports Betting On The Rise
Sports Betting in the U.S. is booming. According to industry experts, we could see another boom this year as more states move towards statewide legalization of sports wagering. While this comes as huge news for fans, there are some very real concerns as to whether or not sports betting potentially poses a threat to public health. Senior Clinician at the Caron Treatment Centers, Eric Webber, joined Cheddar to discuss more.
White House Gender Policy Council Marks One-Year Anniversary
The Biden administration has made gender policy a core part of how it governs. The president established the first Gender Policy Council. It's on the same level as the National Security Council, Domestic Policy Council and National Economic Council, putting the interests of women and other underserved groups at the table for the most important policy discussions. Cheddar News sat down with Jennifer Klein, executive director and co-chair of the White House Gender Policy Council, to discuss the council's work and its significance during Women's History Month.
Load More