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Indeed, the bill contains only a few outright increases in taxes. Three important ones: The federal tax on diesel fuel goes up 60 per gal., to 150. Owners of factories, stores, office buildings and other structures used commercially will be forced to take smaller depreciation deductions and will thus pay more to the Internal Revenue Service. So will some people who earn widely fluctuating incomes; the rules under which they can average the high earnings of a fat year with the low incomes of lean years for tax purposes will be tightened...
...boiling crawfish than for drinking, discovering 73 carbon compounds; the town's sewerage and water board had to upgrade its purification program. It is a never-ending struggle. Even as New Orleans officials were savoring their victory, a barge accident 50 miles upriver sent a 200,000-gal. oil slick floating toward town, forcing the shutdown of some water-intake facilities...
Prodded by the urgency of the need for a solution to the mounting piles of toxic wastes, the EPA is expected to approve burning at sea by the end of the year. The agency is now recommending four test burns totaling 3.3 million gal. to study efficiency and resolve uncertainties about environmental impact. Attorney Peter Arnow, a Louisiana department of justice official who is critical of the EPA, sadly notes that ocean burning seems inevitable. Says he: "On land you have neighbors. But there is no political opposition from the fish." -ByJ.D. Reed. Reported by Jay Branegan/ Washington, with other...
...night of March 16, 1978, the result was history's biggest oil-tanker spill as well as the most costly maritime accident ever. The $15 million ship and its $24 million cargo of Middle Eastern crude were lost in the icy waters. In addition, the 68 million gal. of oil created a slick 18 miles wide and 80 miles long and polluted 130 miles of the scenic French coast, raising the cries of environmentalists around the world. Last week a federal district judge in Chicago ruled that Standard Oil Co. (Indiana), better known as Amoco, and two subsidiaries that...
Last summer it decontaminated the last of the nearly 1 million gal. of radioactive water that had spilled into the plant's reactor and other buildings. The water was passed through filters to remove radioactive material, which was then loaded into stainless-steel casks and trucked away for testing at an Energy Department facility near Richland, Wash. In August, the company plans to lift the cover off the Unit 2 reactor and remove the destroyed core and the remaining fuel rods. Once it has done that, it will be able to complete the process of decontaminating the reactor building...