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Private Equity Fund Of Funds The Bush administration might ask Congress to reimpose a "polluter's tax" to pay for cleaning up highly toxic waste sites, an Environmental Protection Agency official said yesterday.

The PCBs buried in river sediment are considered by EPA to be a probable carcinogen and a risk to people who eat fish from the Hudson. Congress enacted the Superfund law after the Love Canal toxic waste scandal in the 1970s as a way to require polluters to pay for cleanups even if a site was sold or is no longer operating. In its lawsuit, - the Hudson River and former factories in Hoboken, N.J. and Milford, N.H. - where it is involved in Superfund cleanups.

Curve Equity Exposed Fund "We will look at that again" in the 2004 budget year, which begins in October 2003, said Marianne Horinko, administrator of the Superfund program. She told a Senate Environment and Public Works subcommittee that the White House is reconsidering its opposition to the tax, which expired in 1995.

That's why the seemingly dry and political struggle going on in the Senate over whether to confirm former Utah Gov. Mike Leavitt as the EPA's next administrator should matter to all Californians. Like former EPA Administrator Christie Whitman, who resigned four months ago, Leavitt is considered a moderate. So far, senators have unfortunately let Leavitt dodge questions about the administration' fired power plants, its orders to slow down Superfund toxic site cleanups and reversal of the president's campaign pledge to regulate carbon dioxide emissions.

Equity Income Funds Horinko spoke after Senate Democrats renewed criticism of the administration's handling of Superfund cleanups. Sen. Barbara Boxer (D-Calif.), who leads the subcommittee, charged that the administration is reluctant to go after corporate polluters.

EPA is making significant progress in cleaning up the nation's hazardous waste by adding 12 final sites to the Superfund National Priorities List (NPL). In its Land Revitalization Agenda announced earlier this year, EPA made a commitment for revitalization and reuse to be a part of planning at every Superfund site.

Capital Casebook Equity Sen. Jon Corzine (D-N.J.) said with the federal budget lurching into deficit, a tax on polluters is the best way to ensure cleanups continue. New Jersey has 111 active sites on the Superfund's National Priority List, more than any other state.

Torricelli claims Forrester is against Superfund. He should be. Superfund is the most counterproductive environmental law ever written. Clean up the Superfund sites now with general tax dollars and find and fine the real polluters later.

Private Investment In Public Corzine specifically asked if the EPA was going to begin work this year on the Chemical Insecticide Corp. site in Edison, N.J., which is contaminated with the cancer-causing Vietnam War-era defoliant Agent Orange.

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Equity Mutual Funds Horinko said she was "loath to answer any questions" about which sites would be chosen for cleanup this year. She said that if a company knew a toxic site it was responsible for wasn't slated for cleanup, it might postpone or otherwise attempt to avoid paying for the cleanup.

Birmingham Contact Equity But in the case of the Edison site, as in 19 of 69 active Superfund sites in New Jersey, Corzine said a company could not be found to pay for the toxic pollution, in some cases because the company had gone bankrupt.

Private Equity Investment Firm Robert Spiegel, executive director of the Edison Wetlands Association, testified at the hearing and said that without Superfund money, the Edison site will continue contaminating the area's land and water.

Complying Deal Equity Funds The EPA completed cleaning 47 Superfund sites in 2001, down from more than 80 sites each of the previous four years. Horinko said that was not due to lack of trust fund money. Rather, she said, the cleanups have become more complex and costly, so the same amount of money will not cover as many sites.

Equity Msn Private Wyoming The Superfund trust fund was created in 1980 to hold revenue from a special tax on the oil and chemical industries and other businesses that process or use toxic substances.

American Equity Investment Congress refused to reauthorize the tax in 1995, and the trust fund's revenues have fallen from $3.6 billion in 1996 to a projected $28 million at the end of 2003.

Equity Index Funds In his 2003 budget plan, President Bush proposed spending $1.3 billion on the Superfund program, the same as the current year. Less than half that total comes from the trust fund. Boxer noted that in 1995, 82 percent of the money came from the fund.

Equity Private Team Wyoming By Christopher Thorne
Associated Press - 4/11/2002

Topic: SuperFund

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