What is the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) commonly known as?

Study for the IEDC Real Estate Development and Reuse Exam. Harness the power of flashcards and multiple-choice questions, each enriched with hints and explanations. Get ready for success!

The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) is commonly known as Superfund due to the establishment of a trust fund used to clean up the nation's hazardous waste sites. The act, which was enacted in 1980, was created to respond to environmental emergencies and to ensure that responsible parties are held accountable for the cleanup of contaminated sites.

The name "Superfund" reflects the program's goal of addressing uncontrolled or abandoned hazardous waste sites, providing funding for cleanup efforts, and ensuring that hazardous substances are managed responsibly. The act allows the government to take necessary actions against potential threats to public health and the environment while giving it the authority to oversee and manage the cleanup process.

While other options refer to various environmental regulations and acts, they do not specifically correspond to CERCLA. The Environmental Protection Act, for instance, is a broad term and does not represent a specific legislative act like CERCLA. The Waste Management Act and Hazardous Waste Regulation Act focus on waste treatment and disposal but do not encompass the emergency response and liability aspects that define CERCLA or its Superfund program.

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