Would the Superfund Response Cost Allocation Procedures Considered by the 103d Congress Reduce Transaction Costs?
March 1995
Citation:
25
ELR 10134
Issue
3
One of the most prominent issues in the Congressional debate over reauthorization of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA or Superfund) has been how to reduce "transaction costs" while at the same time fairly and expeditiously resolving liability disputes. This Dialogue asks: Would the allocation procedures proposed in last year's Superfund reauthorization bills meet those sometimes conflicting goals?
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