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Footing the bill for Superfund cleanups : who pays and how?

Author: Katherine N Probst
Publisher: Washington, D.C. : Brookings Institution : Resources for the Future, ©1995.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
Discusses the initial incidence of the cleanup costs that private parties often have to bear, the transaction costs that accompany the cleanup costs, and the special taxes created under Superfund. Considers the administrative and complicance costs associated with these taxes. Examines the short-term financial implications of changes in liability and taxes on key sectors affected by Superfund: chemicals, oil, mining,  Read more...
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Additional Physical Format: Online version:
Footing the bill for Superfund cleanups.
Washington, D.C. : Brookings Institution : Resources for the Future, ©1995
(OCoLC)654379685
Document Type: Book
All Authors / Contributors: Katherine N Probst
ISBN: 0815729944 9780815729945 0815729952 9780815729952
OCLC Number: 31206291
Description: xiv, 176 pages : illustrations ; 24 cm
Contents: 1. Introduction and Summary. Complicating Factors. Summary of Findings --
2. The Current Superfund Program. A Brief Primer. A Status Report --
3. Liability Alternatives: Who Pays? A Range of Options. Estimating the Options' Financial impacts --
4. Taxes for Superfund. Existing Superfund Taxes. Administrative and Compliance Costs. Economic Efficiency. Concepts of Equity. Effects on Prices. Other Superfund Tax Proposals. Summary and Implications --
5. Superfund and the Insurance Industry. The Role of the Insurance industry. Consequences of Insurer Liability. The Role of Reinsurance. Mitigating Impacts through Regulatory Policy. Mitigating Impacts through Changes in Superfund Liability --
6. Conclusions --
Appendix A: The RFF NPL Database --
Appendix B: Estimating the Costs of Liability Alternatives --
Appendix C: The Input-Output Model and Analysis.
Responsibility: Katherine N. Probst [and others].
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Abstract:

The objective of this book is to clarify exactly who is actually bearing the costs of Superfund cleanups. The authors develop information on a site-by-site basis, looking at short-term financial  Read more...

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