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Risk Management Issues Associated with Managing Hazardous Waste Sites

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Integrating Insurance and Risk Management for Hazardous Wastes
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Abstract

This paper will examine the evolution of the nation’s basic authority that governs the daily management of hazardous waste, the Resource Conservation and Recovery Act (RCRA), its emphasis on preventive hazardous waste management, and its role in establishing a market for technologies that protect public health. The paper will examine the lessons learned from the implementation of RCRA’s regulatory programs since its enactment in 1976, as well as other mechanisms to ensure proper waste management, including a strict liability standard, direct and indirect economic incentives, and corporate conscience. In addition, the role and ruse of risk assessment in a preventive program for existing hazardous waste management facilities will be examined.

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References

  • Fortuna, R., and D. Lennett (1987). Hazardous Waste Regulations: The New Era, McGraw Hill, New York.

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  • Hall, R., and D. Case (1987). All About Environmental Auditing. Federal Publications Inc., Washington, DC.

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  • Current Practices in Environmental Auditing. Report to the U.S. Environmental Protection Agency, Arthur D. Little Inc., February, 1984.

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© 1990 Kluwer Academic Publishers

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Fortuna, R. (1990). Risk Management Issues Associated with Managing Hazardous Waste Sites. In: Kunreuther, H., Gowda, M.V.R. (eds) Integrating Insurance and Risk Management for Hazardous Wastes. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2177-1_7

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  • DOI: https://doi.org/10.1007/978-94-009-2177-1_7

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-7475-9

  • Online ISBN: 978-94-009-2177-1

  • eBook Packages: Springer Book Archive

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