Book Description

One in four Americans lives within 3 miles of a hazardous waste site (HWS). To clean up the highly contaminated sites, the Congress established the Superfund program in 1980. EPA has identified more than 47,000 HWS potentially requiring cleanup actions and has placed more than 1,500 of the most seriously contaminated sites on its National Priorities List (NPL). Cleanup efforts at NPL sites are expensive and can take many years. To fund program activities, a trust fund was financed by taxes on crude oil and certain chemicals, as well as an environ. tax assessed on corp. This report examines the: (1) sources of funding for the Superfund trust fund; and (2) allocation of these resources to Superfund program activities. Illustrations.