Word: superfunded
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...Atlas. More than 15,000 live within three miles. And for more than twenty years, Atlas released cyanide, arsenic and other toxic solvents into an adjacent marsh. Then in 1990, Environmental Protection Agency (EPA) officials finally put the site on their National Priorities List for cleanup under the Superfund program—a landmark initiative from 1980 that used to force polluters to pay for the damage they...
...Number of toxic Superfund sites still in need of cleanup...
...Percentage of Americans who live within a short bike ride of a Superfund site...
...about incentives is that people should not be allowed to consume resources for free. It makes little sense to let polluters impose all sorts of costs on our economy by degrading our air, water, natural resources and public health, and then pass the bill onto taxpayers. In fact, the Superfund program used to levy a fee on the worst polluting companies to clean up the same sites that those companies had egregiously contaminated. This improved market incentives by ensuring that polluters did not get a free ride. But the Republicans in Congress let the fee expire...
These days, the mighty Disston factory languishes in abandonment, a symbol of the neighborhood’s decline. A Superfund site sits to one side of the old factory complex that President Rutherford B. Hayes once visited as an example of American industrial efficiency. But now the factories are abandoned and decaying. Within Fortress Disston, the only building with any action is the Day Dreams gentlemen’s club, where the women “only wear a smile...