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Published byMagnus Nathan Briggs Modified over 6 years ago
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Managed Risk Approaches to Remediation Private Sector Perspective
1st Annual Winter Water Seminar Steve Hilfiker, President Environmental Risk Management, Inc 1-888-ENV-MGMT ( )
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Introduction Regulatory and Risk History
Risk Management Considerations Contaminant Case Studies Strategies to Manage Environmental Risk Financial and Health Considerations 2
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A Personal Case Study
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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
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Risk is not a Black and White Issue
The Risk Continuum ? Probably a low risk Likely a high risk
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Lower Risk
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Higher Risk
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Managing Risk… Considerations
Discharge source identification Assessment of risk Contaminant characterization Exposure pathways Human health Environmental resource protection Cost, restrictions and strategy
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