Managed Risk Approaches to Remediation Private Sector Perspective

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Presentation transcript:

Managed Risk Approaches to Remediation Private Sector Perspective 1st Annual Winter Water Seminar Steve Hilfiker, President Environmental Risk Management, Inc 1-888-ENV-MGMT (1-888-368-6468) steve@ermi.net www.ermi.net

Introduction Regulatory and Risk History Risk Management Considerations Contaminant Case Studies Strategies to Manage Environmental Risk Financial and Health Considerations 2

A Personal Case Study

History William T. Love, Entrepreneur (1800’s) Hooker Chemical Company (1900’s) Niagra Falls School and Residential (1950’s) EPA Formed (1969) The Love Canal (1976) RCRA (1976) and CERCLA (1980) Remediation Industry Boom Economic and Regulatory Pendulum Risk-Based Corrective Action (1990’s) 4

Risk is not a Black and White Issue The Risk Continuum ? Probably a low risk Likely a high risk

Lower Risk

Higher Risk

Managing Risk… Considerations Discharge source identification Assessment of risk Contaminant characterization Exposure pathways Human health Environmental resource protection Cost, restrictions and strategy

To invite Steve Hilfiker to deliver this entire presentation to your group, agency, or organization, please call ERMI at 888-368-6468 or email info@ermi.net.