Verified Document

Government Superfund In America, There Essay

As a part of this initiative, the EPA works with local communities to: establish the optimal use of the cleaned up sites, it provides relevant information to the potential buyers / developers and dispenses advice on technical needs for re-utilization of the site. ("SARA Overview," 2010) In this particular case, the RTU is effective at helping communities be able to reclaim land that had once been considered to be contaminated. For business, this will have long-term benefits as the reclaimed land could help to support other commercial activities. At the same time, time it will help to increase property values, by taking land that was thought to be destroyed and making it re-useable once again. This will have ripple effects for a host of different businesses, as their net worth will increase from a rise in the price of land.

However, over the short and medium term, this will have an adverse impact upon businesses. The reason why, is because to prepare a site for such purposes will often cost more. As the company must pay to help clean up the location and they have to deal with all legal issues surrounding the clean up (i.e. lawsuits). This is problematic, for many corporations as they have to spend their resources on: cleaning up a site that could have significant amounts of damage and may require years to make the land useable once again.

Clearly, the Superfund Amendment and Reauthorization Act (SARA) of 1986 and Superfund Redevelopment program have played a major role in helping to redefine how the EPA can force businesses to comply with...

As the Superfund Amendment and Reauthorization Act (SARA) of 1986, gives the agency the power to: increase the size of the fund and its Hazardous Ranking System along with a National Priorities List. While the Superfund Redevelopment program, would give the EPA the authority to: forge alliance with various groups and individuals in reclaiming land that was once considered to be contaminated. For businesses, this would mean that there would be short to medium term expenses that they would have to pay. As the legal and clean up costs will have an adverse effect on their overall bottom line. In some cases, these costs can take years to fully cover the expenses surrounding a location. However, over the long-term the various efforts will have numerous benefits for corporations by: ensuring that property values remain high and not having to worry about the adverse impact on their balance sheet down the road. When you put these different elements together, they are highlighting how the various programs are both a benefit and a drag on businesses. As they have the ability to change various short- and long-term perspectives for a host of different organizations.
Bibliography

SARA Overview. (2010). EPA. Retrieved from: http://www.epa.gov/superfund/policy/sara.htm

Title 42 Public Health and Welfare. (2008). GPO Access. Retrieved from: http://frwebgate.access.gpo.gov/cgi-bin/usc.cgi?ACTION=BROWSE&TITLE=42USCC103

What is the Super Fund. (2010). EPA. Retrieved from:

Sources used in this document:
Bibliography

SARA Overview. (2010). EPA. Retrieved from: http://www.epa.gov/superfund/policy/sara.htm

Title 42 Public Health and Welfare. (2008). GPO Access. Retrieved from: http://frwebgate.access.gpo.gov/cgi-bin/usc.cgi?ACTION=BROWSE&TITLE=42USCC103

What is the Super Fund. (2010). EPA. Retrieved from:

Cite this Document:
Copy Bibliography Citation

Related Documents

Public Budgeting in America Advisory
Words: 4933 Length: 16 Document Type: Research Proposal

In terms of similarities, each of these budgets contains roughly the same basic format. While the specific charts may differ, each budget separates revenue sources and attempts to break those down. The budgets also explain the expenditures, and typically break these down to each individual program within the department. A similarity between three of the budgets (Federal, Florida and Newark) is that they rely heavily on tables and written explanations.

Disposable Society That Is Dependent Upon Fossil
Words: 378 Length: 1 Document Type: Term Paper

disposable" society that is dependent upon fossil fuels, trash disposal and hazardous waste disposal are not just concerns, but are potential threats to human life, and the lives of everything else within the environment. The National Priorities List, a document prepared by the Environmental Protection Agency, consists of sites that have been found so contaminated they present an immediate threat to persons living or working near the area. Among

BP Crisis
Words: 2866 Length: 8 Document Type: Research Proposal

Evidence of this can be seen with the company being slow to provide information, on the total amounts of oil that are leaking into the ocean and the various restrictions that they have placed on media coverage. (Lack of Transparency Afflicts Oil Spill Response 2010) This problematic, because when there are restrictions and the company is slow to release information, it appears as if they have something to hide.

Copper Mining in Southeastern Arizona
Words: 1408 Length: 5 Document Type: Case Study

This solution is then subjected to a process called solvent extraction (SX). The SX process concentrates and purifies the copper leach solution so the copper can be recovered at a high electrical current efficiency by the electrowinning cells. This is accomplished by adding a chemical reagent to the SX tanks, which selectively binds with and extracts the copper. This reagent is easily separated from the copper (stripped), as the

Ethics and Corporate Responsibility
Words: 2000 Length: 6 Document Type: Essay

Hypothetical firm -- Pharmacare -- and address the issues of corporate responsibility and ethics. Background Information on Case New Jersey-based company, Pharmacare (We CARE about YOUR health®) counts among the leading pharmaceutical firms across the globe. It is reputed for being an ethical, well-managed and caring corporation that manufactures superior-quality products aimed at saving the lives of millions and enhancing the QOL (quality of life) of millions of other people. Its offering

Housing Price Dynamics Within a
Words: 7112 Length: 20 Document Type: Research Paper

Houston's large supply of land means that demand growth primarily results in more construction, not higher prices" (McCullagh & Gilmer, 2008). However, it is important to realize that land supply is only one part of the reason that new home construction formed such a large part of the Houston housing market. Yes, Houston has more available surrounding land than almost any other major metropolitan area in the United States, but

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now