The Comprehensive Environmental Response Compensation and Liability Act (CERCLA), commonly referred to as Superfund, requires, among other things, the quantification of natural resource damages and the allocation of clean-up and mitigation costs among the principally responsible parties. We have extensive experience in these matters and help clients to identify and implement sophisticated economic and valuation techniques that restore contaminated sites. Our combination of qualitative skills and deep institutional knowledge of regulatory policy allows us to evaluate the extent of the contamination, estimate the cost of clean-up and mitigation, and develop an environmentally sound response.
The Brattle Group coordinated a licensed angler survey of fish consumption to characterize the level and nature of fish consumption in Portland Harbor Superfund site located in Oregon. The study represented an important information source for the evaluation of public health risks associated with consuming fish from the Harbor and guiding outreach to potentially affected communities. The findings of the study can be used to help inform the final remediation strategy at the Superfund site as well as cost allocation.
Brattle economists, working in conjunction with hydrologists, determined the contaminants and exposure paths associated with a large Superfund site. Combining this information with control and remediation engineering cost estimates, Brattle economists proceeded to develop a cost allocation procedure for the principally responsible parties.
Complex business and legal matters require intellectually honest and analytically rigorous solutions that are thoughtfully developed and clearly communicated. We apply economic and finance principles with uncompromising quality to achieve clarity in the face of complexity. Independent analysis, responsive execution, and compelling presentation. That’s Brattle. That’s the Power of Economics.