Davis selected by EPA as external reviewer

Dr. Graham Davis, a professor with the Division of Economics and Business, was one of four external reviewers chosen by the Environmental Protection Agency for an impartial review of its proposed rule concerning “Financial Responsibility Requirements under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) Section 108(b) for Classes of Facilities in the Hardrock Mining Industry.”

The rule will require U.S. mining operators to post up to a total of $7 billion in financial assurances that guarantee that they will have sufficient funds to reclaim and remediate mining wastes upon abandonment or closure. Congress has mandated that the EPA implement such a rule in order to reduce the mine reclamation burdens that fall on the government via its Superfund program. The EPA estimates that to date it has been responsible for one-third, or $4 billion, of total mining industry reclamation expenditures. On Dec. 1, 2016, the EPA released the 451 page proposed rule, with 2,545 pages of background discussion and documents, for public comment. The final rule will be published and come into force on Dec. 1, 2017. Read more

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Last Updated: 05/17/2017 10:56:25