Monday, June 8, 2009

Funding for Superfund

April 25,2009

600 million dollars in stimulus money is being spent on Superfund cleanup sites like the Vineland
Chemical Company in New Jersey. Since the Superfund tax expired in 1995, the program has been under financed. As many sites do not have a responsible party who can pay for the cleanup, taxpayer money is being used. President Barack Obama is plans to restore the Superfund tax from chemical and oil companies. This would provide a billion dollars in revenue. 50 out of 1500 Superfund sites are chosen to receive the stimulus money for cleanup.
I think a tax should be reinstated since chemical and oil companies are the causes of many Superfund sites. In New Jersey, there are a lot of Superfund sites, and I hope other sites in addition to Vineland can be cleaned up quickly. Some people would oppose using tax money, but if that is the quickest and only way of funding the cleanups, I think it is acceptable.

http://www.nytimes.com/2009/04/26/science/earth/26superfund.html?_r=1

1 comment:

  1. Great article - I think that once companies determined responsible, they should contribute money to the Superfund program.

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