EDITORIAL: Superfund, no longer such a super fund
We know just how expensive because since the Superfund taxes expired in 1995, the cleanup and oversight costs for waste-polluted properties have run to more than
So the tab goes to the
This report on the Superfund program came from Carnegie-Knight News21, a national investigative reporting project out of the
This is a classic case of a good program failing to get the job done because the taxes that supported it were allowed to expire in 1995, and while this will doubtless shock Americans, members of
That is of course a ridiculous irony: No law to put taxes on businesses that may be responsible for pollution, sometimes for absolutely horrendous pollution affecting thousands of acres and thousands of people -- a chemical spill, for example -- but a willingness to let average taxpayers pay the bills for offending industries.
And
The types of substances that can be involved in environmental spills of the type that the Superfund program is designed to clean up include, News21 reported, chemicals linked to cancer, birth defects and infertility. And Census data shows that 53 million Americans live within 3 miles of a Superfund remedial site.
With less money in the program, what cleanups there are move more slowly, which means risks from environmental spills last longer.
The Superfund taxes should be reinstated.
For them, and for millions of other people likely to be affected in the future, as the risks from relaxed environmental regulations under Trump become greater, this is an issue that must be addressed with an urgency justified by the risks already looming for millions.
___
(c)2017 The News & Observer (Raleigh, N.C.)
Visit The News & Observer (Raleigh, N.C.) at www.newsobserver.com
Distributed by Tribune Content Agency, LLC.


Florida Residents Let Loose With Insurance Complaints
St. Joseph fire sparks lawsuit against Kemper Arena developer Foutch Brothers
Advisor News
- How much could failure to fund Social Security cost average Americans?
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
- Demonstrating the value of life insurance to Gen Z
- Poor money habits are a dealbreaker in a new relationship
More Advisor NewsAnnuity News
- Canvas steps into the direct-to-consumer market that has yet to take off
- The next growth phase in life/annuities depends on modernization
- CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
More Annuity NewsHealth/Employee Benefits News
- Iowa health insurers propose premium increases for ACA customers
- Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
- BUILDING A COMPETITIVE BENEFITS PACKAGE IN 7 EASY WAYS
- People with this Medicare plan could soon go out-of-network at UHealth hospitals
- Findings from Yonsei University Advance Knowledge in Demography (Different Understandings of Scientific Research in the Use of De-identified Personal Sensitive Data: South Korea, in Comparative Perspectives): Science – Demography
More Health/Employee Benefits NewsLife Insurance News
- USAA introduces Secure Start whole life program for children
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market
- Horace Mann Strengthens Customer Relationships and Accelerates Long-Term Growth Through Transactions with Medical Mutual of Ohio
- Regulators: ‘No firm conclusions’ from first offshore reinsurance filings
- Allianz Life Study Finds Americans Struggle to Shift From Retirement Saving to Spending
More Life Insurance News