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Superfund is the name given to the environmental program established to address abandoned hazardous waste sites. It is also the name of the fund established by the Comprehensive Environmental Response, Compensation and Liability Act of 1980. This law was put in place due to the discovery of toxic waste dumps such as Love Canal and Times Beach in the 1970s. It allows the Environmental Protection Agency (EPA) to clean up these sites and to hold responsible parties accountable to conduct cleanups or reimburse the government for EPA lead cleanups. (Ch52,pg1364) Works Cited: 1. Business Law 14th Edition, Mallor, Barnes, Bowers, Langvardt, Chapter 52, page 1364.
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The Comprehensive Environmental Response, Compensation and Liability Act, more commonly known as Superfund, was signed into law on December 11, 1980. It is designed to clean up the most polluted, complex, uncontrolled or abandoned sites contaminated by hazardous waste. It authorizes the Environmental Protection Agency (EPA) to find who contaminated these sites and compel them to clean them up. If a responsible party cannot be found the EPA is authorized to clean up the site on it’s own utilizing funds from a specially set up trust. Celebrating it’s 30 years in operation the “Superfund” has completed construction of clean up remedies on 67.5% of sites on the National Priorities List.
The unpatriotic act: ten years later. Truthout.org. Retrieved October 5, 2012 from http://truth-out.org/news/item/4076:the-unpatriotic-act-ten-years-later Scarre, Geoffrey F. (1996). Utilitarianism. London, GBR: Routledge, 1996. p 4. http://www.site.ebrary.com/lib/ashford/Doc?id=10058083&ppg=13 Summary of the PATRIOT Act.
(2012, October 2012). Retrieved from Wikipedia: http://en.wikipedia.org/wiki/FCC#cite_note-Federal_Communications_Commission-2 Federal Energy Regulatory Commision. (2012, August 12). Retrieved from Wikipedia: http://en.wikipedia.org/wiki/FERC Merriam-Webster Dictionary. (2012, October 6).
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