From: | "Robert Hersh" <b_hersh@verizon.net> |
Date: | 21 Jun 2007 14:47:04 -0000 |
Reply: | cpeo-brownfields |
Subject: | [CPEO-BIF] Gov. Spitzer's BF proposal criticized |
Spitzer's Proposed Changes to Brownfield Law Will Slow Remediation and Redevelopment, Cautions Prominent Environmental Attorney Wed, 20 Jun 2007 By Phillips Nizer LLP NEW YORK, June 20 /PRNewswire/ -- Gov. Eliot Spitzer's proposal to change the state's three-year-old Brownfield Cleanup Program (BCP) drastically and dangerously curtails the incentive to cleanup and redevelop contaminated sites, according to Jon Schuyler Brooks, co-chair of the Environmental Practice Group at Phillips Nizer LLP. "The BCP -- flawed as it may be -- is designed to provide a meaningful incentive, in the form of tax credits, to those willing to assume the burdens and risks of tackling problem properties that others will not touch," Mr. Brooks says. "The Governor's proposed legislation effectively eliminates that incentive. You might as well put up detour signs that redirect the development community away from brownfield sites to properties that are not significantly contaminated." For the entire article, see: http://www.earthtimes.org/articles/show/news_press_release,125856.shtml Bob Hersh CPEO _______________________________________________ Brownfields mailing list Brownfields@list.cpeo.org http://www.cpeo.org/mailman/listinfo/brownfields | |
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