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1996—Brownfield’s Busy Year

Event: ASTM RBCA Standard is passed, Cherokee establishes first brownfield opportunity Fund, Brownfield News magazine goes into production and many other events take place. Action: Rash of activity occurs on multiple fronts. Connection: Government awakens the private sector to a new market opportunity as a new wave of public and private sector entrants migrate to the brownfield industry. Capital, public awareness, flexible cleanup standards, information and the political will came together in 1996 to create a buzz around the word “brownfield.” 1996 was a very busy year for the brownfield industry as academic papers, legal commentaries, symposiums, conferences and workshops on the topic began to proliferate and awareness of the issue increased. People liked the feel-good talk about brownfields. It was also fun and represented a new, less contentious, way to approach environmental issues. However, few sites were actually being cleaned up and reused and hundreds of thousands of abandoned…Log In to Read Full Article

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