chemical and manufacturing company 3m agreed to pay $10.3 billion to u.s. towns and cities to settle lawsuits over contamination of public drinking water. pfas are forever chemicals, are resistant to grease , oil, water and heat and found in hundreds of products including nonstick pans, cleaning products, water-resistant fabrics and carpeting. cnbc s lesley pickard joins us. what is the significance of this settlement? good morning. it is a huge number, $10.3 billion and will be paid over 13 years and it is aimed at cleaning pfas out of the water system. experts say the $10.3 billion will go very quickly because the cleaning costs are quite expensive. forever chemicals are called that because they don t degrade naturally in the environment, but when consumed they re been linked to a host of health issues, liver damage and as you
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