Superfund site development

EPA task force seeks to encourage, promote development of contaminated sites

In May, the Environmental Protection Agency set up a task force to review the Superfund program and make recommendations to expedite the cleanup and remediation process of contaminated sites, reduce the financial burden on parties involved in the cleanup process, encourage private investment, promote redevelopment and community revitalization and build and strengthen partnerships.

The Superfund task force issued its recommendations on July 25. They include a number of action items consistent with the stated goals, many of which only apply to EPA or parties that are actively in the process of remediating contaminated sites.

One important set of recommendations applies to investors and developers, however, and may create some substantial opportunities for businesses. Read the full article here.