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Austrian hedge fund manager Superfund has shut six international sales offices and laid off staff as part of cost-saving measures.
Environmental Protection Agency has added nine new hazardous waste sites that pose risks to human health and the environment to the National Priorities List of Superfund sites and has proposed adding an additional 13 sites to the list.
To clean up these highly contaminated sites, the Congress established the Superfund program under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) in 1980.
Byline: Daily News GLENDALE - Tests show that levels of contaminants in groundwater in the Verdugo area are within health standards, and the 2,000-acre site will be removed from the federal Superfund list, EPA officials said Wednesday.
Remediation at the Flats, a highly contaminated Superfund site, is also moving forward dramatically under budget.
Revenues from these taxes would go into the Superfund Trust Fund.
Superfund (technically, the Comprehensive Environmental Response, Compensation, and Liability Act) has survived scrutiny, often harsh criticism, and the latest round of reappropriations.
Since the enactment of the Federal Superfund Law in 1980 (Comprehensive Environmental Response, Compensation and Liability Act, or "CERCLA"), and its subsequent amendments in 1986 (Superfund Amendments and Reauthorization Act), commercial lenders require a satisfactory Phase I or Phase II environmental analysis on the designated property prior to mortgage commitment.