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Fracking Company in Pennsylvania Offers Residents $50,000 Each to Promise not to Sue about Anything

--article refers to "residents", if I were a renter, I'd take the money and run--

EQT Corporation, which operates a fracking well near Finleyville in Washington County, has offered $50,000 to those willing to sign a comprehensive no-liability waiver that prevents them from ever suing the company for any problem stemming from the drilling.

The agreement, which at least four residents have signed in exchange for the money, covers “current operations as well as those to be carried out in the future,” ProPublica says.

It covers “potential health problems and property damage,” and gives “the company blanket protection from any kind of claim over noise, dust, light, smoke, odors, fumes, soot, air pollution or vibrations,” ProPublica’s Naveena Sadasivam reported. The deal also applies to work beyond the actual fracking, such as the building and maintenance of pipelines, tanks, ponds, pits and other developments connected to or in support of drill sites.

http://www.allgov.com/news/controversies/fracking-company-in...




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Damn, wish I could get that

Damn, wish I could get that money. I would just go live somewhere else while having my debt paid off save for paying a good chunk down on a nice house.

To climb the mountain, you must believe you can.

Could be an interesting showdown...

So let's say you own a house there. You sign the deal and take the "money". Two years later there's an earthquake that severely damages your house and it is proven to be directly related to the fracking activity. You suddenly remember, "Hey!! I've been paying for earthquake insurance all these years...I'm gonna file a claim!"
Your adjuster comes out and looks....and writes you a big check 'cause your house is now unlivable. The insurance company is going to go after the drilling company for subrogation in an attempt to get its money back. Then, things get ugly.

------------------
BC
Silence isn't always golden....sometimes it's yellow.

"The liberties of a people never were, nor ever will be, secure, when the transactions of their rulers may be concealed from them." - Patrick Henry

what a wonderful gift,

now here comes the curse.

Whether you think you can or you can't, you're right. -Henry Ford

It's okay though

Fracking doesn't cause any problems (at least according to many). I'm sure these companies are just offering the $50K for blanket lawsuit protection for no good reason at all.

lol

:P