Industry has won the first round in the ongoing skirmish to determine whether local governments and municipalities are subject to the strict, joint, and several liability scheme of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA)¹ for the disposal of household garbage, or municipal solid waste (MSW), at municipal landfill sites across the country. In the first decisions to address the issue, U.S.

I would like to welcome everyone to the Sixteenth Annual Airlie House Conference on the Environment. Our topic this year—"Burdens of Environmental Regulation on Private Property Ownership and Business Transactions: Reasonable or Unreasonable?"—is one of particular timeliness or, as some in this audience would say, urgency. It is a topic that cuts across many traditional disciplines in the law and affects many different constituencies.