EPA Declines To Set CERCLA Financial Assurance Rule For Power Sector

EPA is proposing to decline financial responsibility requirements for the electric power generator sector under the Superfund law, saying the existing regulation of coal combustion residuals (CCR), the financial stability of the sector and other factors suggest a low level of risk that does not warrant a mandatory federal regulatory requirement. “The reduction in risks due to the requirements of existing regulatory programs and voluntary practices combined with reduced costs to the taxpayer, demonstrated by EPA’s cleanup case analysis, existing...