Pharma Industry
Industry: Email Alert RSS FeedPresident Bush signs Brownfield legislation.(Polluted industrial sites, small businesses get funding)(Government Activity)(Brief Article)
Chemical Market Reporter, January, 2002 by Hess, Glenn
PRESIDENT GEORGE W. Bush has signed into law legislation to provide liability relief for small businesses and promote the redevelopment of hundreds of thousands of polluted industrial sites, turning "eyesores into economic assets." The five-year plan will provide up to $250 million per year to states and local governments to clean up the 450,000 sites, known as brown-fields.
The bill addresses widespread criticism that the cleanup process has become mired in excessive regulation and lawsuits. "The worst part, the federal government sometimes spent more time haggling over regulatory details than it did working with states and cities to fix the problem," President Bush remarked at a signing ceremony. "The old way of doing things was to mandate,...
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