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Toxic Clean Up Of Ag Properties: Who Will Pay?

Author

Listed:
  • Klonsky, Karen
  • Norris, Kim
  • Buckles, Rebekah

Abstract

Environmental legislation of the 1980s makes it possible for government agencies to order cleanup of contaminated property and recover cleanup costs. Such orders give rise to the question, "Who pays if contamination is found?" All partiesbuyers, seller, operators, lenders, and others-involved with farm land are potentially liable for cleanup costs and are taking steps to reduce their risk exposure. At the same time, new strategies for financing toxic cleanups have been developed both in the public

Suggested Citation

  • Klonsky, Karen & Norris, Kim & Buckles, Rebekah, 1992. "Toxic Clean Up Of Ag Properties: Who Will Pay?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 7(2), pages 1-4.
  • Handle: RePEc:ags:aaeach:131616
    DOI: 10.22004/ag.econ.131616
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    File URL: https://ageconsearch.umn.edu/record/131616/files/Klonsky.pdf
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    Cited by:

    1. Richard F. Kazmierczak & David W. Hughes, 1997. "Reasonable Value and the Role of Negotiation in Agriculture's Use of the Environment," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 19(1), pages 108-121.

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