To clean approximately 1,300 hazardous sites, the US reinstated Superfund taxes

Two long-expired excise levies on 42 chemicals and products derived from them are being reinstated by the US government. More than 1300 polluting sites in the US will be decontaminated with the help of the anticipated $14.4 billion (£12 billion) in revenue.

The "Superfund" levies, which go into effect on July 1, are expected to revive cleanup activities that have essentially come to a standstill during the past few ye....