Superfund Bankrupt

The government fund that's paid for the cleanup of hazardous waste is virtually bankrupt.

1 minute read

November 14, 2003, 7:00 AM PST

One "of the unintended consequences of Superfund is that those who might invest in new urban development where polluting plants once stood are afraid to do so because purchasing the land might make them liable for toxic sins of the past... 'We've known for a long time that the Superfund trust fund was running out, but unfortunately the president and Congress have continually failed to reinstate Superfund's 'polluter pays' fees, leaving regular taxpayers to foot the bill,' said Julie Wolk, environmental health advocate for PIRG."

Thanks to Chris Steins

Read the full story: Superfund program: a smaller cleanup rag

Thursday, November 13, 2003 in The Christian Science Monitor

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