Posts tagged CERCLA.
EPA is poised to withdraw the direct final rule it published on August 15, which would have added a new ASTM standard for conducting Phase I Environmental Site Assessments to the list of "all appropriate inquiries" that must be made to afford bona fide prospective purchasers protection from CERCLA liability. Critics of the rule overwhelmingly said in public comments that the new ASTM standard is superior to the current standard, and that EPA should avoid creating a "two-tier" due diligence market by continuing to accept both standards. Commenters urge EPA to either continue to ...
Posted in: ASTM, EPA
Tags: astm, CERCLA, epa
The Subcommittee on Environment and the Economy of the Energy and Commerce Committee of the U.S. House of Representatives approved legislation on June 6, to direct the regulation and management of coal combustion ash residuals. As previously noted here, the issue of the proper regulation of residuals from the combustion of coal for the generation of electric power has perplexed the U.S. Environmental Protection Agency for several years. The Agency is currently evaluating over 450,000 public comments received in response to competing regulatory proposals it initially proposed ...
As part of an evolving effort to encourage the redevelopment of brownfield properties, the federal Comprehensive Environmental Response, Compensation and Liability Act ("CERCLA" or "Superfund") was amended in 2002 to provide a defense against liability for existing property contamination for a class of purchasers who were not otherwise responsible for the condition. This is specifically referred to as the Bona Fide Prospective Purchasers ("BFPP") defense. It can be asserted to avoid liability under Superfund if a party can demonstrate its compliance with applicable ...
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