NSWMA Opposes Proposed Financial Assurance Rule

The National Solid Wastes Management Association (NSWMA) has filed comments opposing a proposed federal regulation mandating that municipal solid waste facilities acquire financial assurance under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), also known as the Superfund Act.

“The U.S. EPA should not unnecessarily burden the solid waste industry with these additional financial responsibilities. Rules already in place under RCRA require financial assurance, and the intent of Subtitles D criteria is to prevent these situations,” said Bruce J. Parker, president and CEO of NSWMA, in a press release. “Also, our industry no longer manages CERCLA wastes that these proposed rules are intended to cover. Our industry has a tradition of supporting reasonable regulation; unfortunately, these proposed rules seem to be a solution searching for a problem.”

For more information on NSWMA's comments, click here.