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By Fred Street (anonymous) | Posted March 14, 2011 at 13:43:35 in reply to Comment 60945
I'm sure that's part of it, but it's not just them hedging. If there was a reasonable expectation of a payday from these companies, I suspect that our governments wouldn't be so hot on picking up the tab. The local anti-business spin is something that probably played a role as well – grassroots zoning headaches aside, Hamilton seemingly goes of its way to be "open for business" like a Reeperbahn trollop when it came to manufacturing jobs and might be easily put off the idea of publicly excoriating one of the companies that put it on the map. (The press for action of any kind locally was led by NGOs.)
It would be interesting to see how much headway has been made in the US with the NRDC, Chesapeake Bay Foundation, Waterkeeper and such in cities like Cleveland, Baltimore, Pittsburgh et al. From what I can tell, not much (certainly not in comparison to worker-related lawsuits).
http://www.highbeam.com/doc/1P2-1151345.html
http://www.consumerinjurylawyers.com/legal-news/bethlehem-steel-key-highway-shipyard-worker-awarde
Anyone have an idea of how many North American municipalities have waged successful environmental law cases against cornerstone industries who turned into legacy polluters? Again, I'm in the dark here.
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