EPA Final Rulemaking Will Not Require Additional Financial Assurance Requirements for Cleanups at Industrial Sites
On November 25, 2020, the U.S. Environmental Protection Agency (EPA) announced it finalized rulemaking on financial assurance requirements for the Electric Power Generation, Transmission and Distribution; Petroleum and Coal Products Manufacturing; and Chemical Manufacturing industries. The EPA determined the financial risks from facilities in these industries are addressed by existing state and federal regulations and …