$43 Million for What?
The average Superfund site costs $43 million to clean up, but the overall economic benefits remain elusive.
The source: “Superfund Follies, Part II” by Daniel K. Benjamin, in PERC Reports, March 2009.
The U.S. Environmental Protection Agency’s Superfund program was created to clean up the nation’s worst toxic waste sites and draw renters and buyers to once contaminated areas. Twenty-nine years and $35 billion later, Clemson University economist Daniel K. Benjamin writes, the program has...