BLOOMBERG • December 3, 2024
In October, the Environmental Protection Agency issued a ruling mandating the removal of all lead pipes supplying drinking water in the U.S. Whether the rule will survive the incoming Donald Trump administration is an open question – one that could have serious, even life-threatening implications for the more than nine million or so homes that get their water by “lead service lines.” Given what we know about the dangers posed by lead-contaminated drinking water, it’s worth asking: What took so long? The answer lies with a now-defunct organization known as the Lead Industries Association, or LIA. Much like industry groups connected to the tobacco industry, the LIA tirelessly promoted the use of lead, despite the demonstrated public health risks. ~ Stephen Mihm, coauthor of “Crisis Economics: A Crash Course in the Future of Finance”