Superfund Economics

NWI Times

NWI Times

Proximity to a Superfund site can have a strong negative impact on property values, as the negative connotation associated with the toxicity of Superfund sites can keep people from wanting to buy housing on or near them. Lower housing prices are often correlated with lower spending trends, and ultimately lower economic growth. Many communities that are affected by Superfund sites are already low-income, therefore the effects of Superfund on the socioeconomic status of affected communities can worsen pre-existing economic issues.

The EPA’s Superfund Redevelopment Initiative works to redevelop and reuse formerly contaminated Superfund sites. The reclamation of this land has been shown to be beneficial to local economies, with increases in the number of on-site jobs, employment income from on-site jobs, property values, property tax revenue, and the number of businesses. All of these factors can help to revitalize the economies of communities affected by Superfund sites.

Put the Super back into Superfund

Want to see polluters pay for their messes rather than taxpayers? Contact your representatives and tell them to support Rep. Earl Blumenaur’s  bill: Superfund Restoration Act  (H.R. 4088).

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he federal appropriations bill for the 2021 fiscal year, signed into law this week, included $26.5 million to test for lead in schools and child care centers, a nod to the legacy of the Flint [...]

Environmental justice advocate dies at 65

January 4th, 2021|Comments Off on Environmental justice advocate dies at 65

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Claiming Major Superfund ‘Success,’ Trump EPA Focused on Completing Cleanups – But Climate Change Dangers Went Unaddressed

October 9th, 2020|Comments Off on Claiming Major Superfund ‘Success,’ Trump EPA Focused on Completing Cleanups – But Climate Change Dangers Went Unaddressed

For the last two years of the Obama administration, Jacob Carter built data models at the Environmental Protection Agency that showed how extreme weather events amplified by climate change threatened hundreds of the nation's worst [...]

Superfund and Climate Change Events: A Personal Account of Flooding and the Risk of Toxin Release in Midland, Michigan

June 5th, 2020|Comments Off on Superfund and Climate Change Events: A Personal Account of Flooding and the Risk of Toxin Release in Midland, Michigan

Climate change has resulted in devastating flooding and natural disasters that have overwhelmed and greatly impacted communities. The Edenville dam along the Tittabawassee River in mid-Michigan collapsed due to large amounts of rainfall on May [...]

Put the Super back into Superfund