Government Superfund in America, There Essay

Open, View, and/or
Download this Document

Total Length: 1033 words ( 3 double-spaced pages)

Total Sources: 1

Page 1 of 3

As a part of this initiative, the EPA works with local communities to: establish the optimal use of the cleaned up sites, it provides relevant information to the potential buyers / developers and dispenses advice on technical needs for re-utilization of the site. ("SARA Overview," 2010)

In this particular case, the RTU is effective at helping communities be able to reclaim land that had once been considered to be contaminated. For business, this will have long-term benefits as the reclaimed land could help to support other commercial activities. At the same time, time it will help to increase property values, by taking land that was thought to be destroyed and making it re-useable once again. This will have ripple effects for a host of different businesses, as their net worth will increase from a rise in the price of land.

However, over the short and medium term, this will have an adverse impact upon businesses. The reason why, is because to prepare a site for such purposes will often cost more. As the company must pay to help clean up the location and they have to deal with all legal issues surrounding the clean up (i.e. lawsuits). This is problematic, for many corporations as they have to spend their resources on: cleaning up a site that could have significant amounts of damage and may require years to make the land useable once again.

Stuck Writing Your "Government Superfund in America, There" Essay?

View All Our Example Government Superfund in America, There Essay

Have A Custom Example Essay Written



Clearly, the Superfund Amendment and Reauthorization Act (SARA) of 1986 and Superfund Redevelopment program have played a major role in helping to redefine how the EPA can force businesses to comply with various environmental disasters that they are responsible for. As the Superfund Amendment and Reauthorization Act (SARA) of 1986, gives the agency the power to: increase the size of the fund and its Hazardous Ranking System along with a National Priorities List. While the Superfund Redevelopment program, would give the EPA the authority to: forge alliance with various groups and individuals in reclaiming land that was once considered to be contaminated. For businesses, this would mean that there would be short to medium term expenses that they would have to pay. As the legal and clean up costs will have an adverse effect on their overall bottom line. In some cases, these costs can take years to fully cover the expenses surrounding a location. However, over the long-term the various efforts will have numerous benefits for corporations by: ensuring that property values remain high and not having to worry about the adverse impact on their balance sheet down the road. When you put these different elements together, they are highlighting how the various programs are both a benefit and a drag on businesses. As they have the ability to change various short- and long-term perspectives for a host of different.....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Government Superfund In America There" (2010, December 03) Retrieved May 22, 2025, from
https://www.aceyourpaper.com/essays/government-superfund-america-6140

Latest MLA Format (8th edition)

Copy Reference
"Government Superfund In America There" 03 December 2010. Web.22 May. 2025. <
https://www.aceyourpaper.com/essays/government-superfund-america-6140>

Latest Chicago Format (16th edition)

Copy Reference
"Government Superfund In America There", 03 December 2010, Accessed.22 May. 2025,
https://www.aceyourpaper.com/essays/government-superfund-america-6140
   

Open, View, and/or
Download this Document
order custom essay example