CERCLA reauthorization 1994: Insuring the cleanup of hazardous substance pollution
- Holme, Roberts & Owen, Denver, CO (United States)
Authorizing legislation for the Comprehensive Environmental Response, Compensation and Liability Act of 1980 ({open_quotes}CERCLA{close_quotes} or, more popularly, {open_quotes}Superfund{close_quotes}) will expire September 30, 1994. Enacted more than a decade ago, the CERCLA program is ripe for scrutiny prior to reauthorization. The following questions deserve consideration: has the CERCLA program accomplished its goals, do the benefits of the CERCLA program justify the costs involved, and what administrative or legislative changes will maximize the benefits of the CERCLA program as compared to its costs. Definitive answers to these questions may be impossible to ascertain, but by focusing on basic risk management principles and the issue of insurance coverage for CERCLA cleanups, this article illustrates that inefficiencies and unnecessary costs will plague the cleanup program until CERCLA`s site-specific, strict, retroactive, and joint and several liability scheme is discarded. 78 refs.
- OSTI ID:
- 543065
- Journal Information:
- Journal of Natural Resources amp Environmental Law, Journal Name: Journal of Natural Resources amp Environmental Law Journal Issue: 2 Vol. 9; ISSN JNRLF9
- Country of Publication:
- United States
- Language:
- English
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