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Indicators 1978 to 2001

The brownfield market was shaped by political, economic and regulatory forces and the following economic data and CERCLA timeline are provided to give readers an overview of the economic and environmental regulatory climate during the market’s 25 year emergence. The data indicates that these were volatile economic times—reaching some of the highest highs and the lowest lows—four recessions, historic high and low interest rates, and historic high and low unemployment levels. Many forces work to shape the economy and to create environmental legislation. As the economy went through its cycles, environmental policy and the degree in which environmental regulations were enforced changed—creating market opportunity. We invite readers to analyze this data and draw their own conclusions regarding the correlation between economic conditions and environmental policy.   Superfund Timeline 1976 Congress establishes authority for controls over hazardous waste under the Resource Conservation and Recovery Act (RCRA). Congress enacts the Toxic Substances…Log In to Read Full Article

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