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What is environmental liability?

Environmental liability
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What is environmental liability?

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Human activities can cause severe damage to the environment. For example, in 1998 a dam containing toxic waste from a mine burst in the south of Spain, releasing a massive wave of toxic sludge that eventually reached the Doñana Natural Park. It poisoned soil and water and killed wildlife that came into contact with it. Spanish authorities spent more than €250 million on clean-up operations, over a period of years.

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