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Connecticut towns set aside taxpayer funds to underwrite potential future costs

Posted: 14 ene. 2011 Tags: , ,

(Connecticut, USA) Wallingford and other four Connecticut towns that send waste to be burned by a Wallingford Covanta facility are creating a security fund of $540,000. The fund would be used to pay for future changes at the facility if they are dictated by changes in environmental law. Covanta, the facility operator is protected from paying more than $30,000, while costs beyond that would be paid for by the five towns. Watchdogs call this a public insurance policy for Covanta.

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