In: Economics
STRUCUTURE YOUR ANSWER ON THE BASIS OF FOLLOWING POINTS;
1.Environement protection agency was established
in 1970 with the goal to protect human ,societal and environmental
health.EPA enforces waste,chemical and cleanup requirements related
to mining,minerals,accidental releases and other hazardous
wastes.
2. EPA has the primary objective of locating the parties
primarily responsible for the hazardous release or contamination
and make them liable for the cost of containment,cleanup and
damages resulting from a release resultant of their own
activities.
Two funds have been setup for covering the costs of cleanup
a) The Superfund
b)The oil spill liability trust
The SuperFund law finds four classes liable:
1. Current owners/operators
2. Past owners /operators at the time hazardous wastes were
disposed.
3.Generators and parties that managed the disposal
4.Transporters of the waste
In the above mentioned study,the clause of past owners/operators
will be applicable .As the harm caused by multiple parties (John
and Mary) cannot be separated they both are jointly and severally
liable, any one potentially responsible party may be
held liable. The parties cannot excuse on the pretext of industry
standards. However the cleanup costs may be paid by the government
but the parties have to reimburse the authority.
Government Liability
These funds may cover the costs of cleanup according to EPA's
response system
1.When the responsible parties can't be identified.
2. When the parties refuse to cooperate.
However, in the 1. case the EPA continues to track the responsible
party and seek payment after taking prompt action when it's an
emergency.
Extreme cases where gov. is liable
1,Act of war
2. Act of god
3. Third party act with whom PRP(potentially responisble party) has
no contractual relation.