On November 25, 2020, the U.S. Environmental Protection Agency (EPA) announced it finalized rulemaking on financial assurance requirements for the Electric Power Generation, Transmission and Distribution; Petroleum and Coal Products Manufacturing; and Chemical Manufacturing industries. The EPA determined the financial risks from facilities in these industries are addressed by existing state and federal regulations and modern industry practices, which mitigate risks inherent in these industries and cover the costs of cleaning up hazardous substance releases.
The final rulemaking relates to section 108(b) of the Comprehensive …
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