> Financial research firm CreditSights estimates that 3M could ultimately be on the hook for nationwide PFAS cleanup costs of up to $142.7 billion. That’s almost triple the company’s $53 billion market capitalization, and that’s before any personal injury claims and other lawsuits.
What does this actually mean? It's just showing off a big number without giving any real context. 3M is the only manufacturer of tons of important materials as I understand it, so it's not like they can just get erased from the market. But what does accountability actually mean in this context?
What does this actually mean? It's just showing off a big number without giving any real context. 3M is the only manufacturer of tons of important materials as I understand it, so it's not like they can just get erased from the market. But what does accountability actually mean in this context?