The Treasury Department's "superconduit" is not a bailout. It's a means of price discovery for mortgage- and other asset-backed securities.

The Treasury Department's "superconduit" is not a bailout. It's a means of price discovery for mortgage- and other asset-backed securities.

President Obama's proposal to reinstate taxes for the Superfund, the federal program that finances the cleanup of toxic sites but has almost nothing to do with the oil spill, emphasizes that the more the Obama administration attends to not letting a crisis go to waste, the worse the crisis gets.

The Superfund program, launched by the EPA to clean up uncontrolled hazardous waste sites, has been the target of considerable criticism and frequent calls for reform.

In 1980, the Environmental Protection Agency launched its Superfund program. Although modified in 1986, the Superfund effort is a major target of congressional reform efforts. Policymakers and analysts have two main sources of dissatisfaction. First, cleanups of hazardous wastes are expensive, averaging $25.7 million per site. Estimates of the...

Getting global warming on the radar screen is only half the game--the other half is the design of policies to address it effectively.

This book finds that political and procedural mechanisms needed to ensuresettled, investment-backed expectations are upset only after consideration and when a political consensus exists.

The subprime superfund will inappropriately reward financial players who undervalued risk and got burned.