sharply_done/E+ via Getty Images
The Biden administration said on Thursday that it $241.5 million settlement reached With Marathon Oil (New York:MRO) regarding alleged air quality violations at the company’s operations on the Fort Berthold Indian Reservation in North Dakota.
US Environmental Protection Agency and Department of Justice He said the settlement required a marathon (Maintenance and repair) paid a $64.5 million civil penalty, the largest ever for Clean Air Act violations at stationary sources, which include facilities such as oil and gas storage systems.
Marathon Renewable Energy Corporation (MRO) has also agreed to implement extensive compliance measures estimated to cost $177 million to achieve significant emissions reductions from more than 200 facilities across North Dakota.
The government said the marathon measures under the deal would result in the equivalent of more than 2.25 million tonnes of carbon dioxide emissions reductions over the next five years, similar to the number of reductions achieved by removing 487,000 cars from the roads for a year and eliminating nearly 110,000 tonnes of volatile organic compounds.
