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After almost 30 years and federal expenditures exceeding $35 billion, the average benefit wrought by the U.S. Superfund program is zip. Apparently cleaning up hazardous waste at half of the 1,600 Superfund sites has been a waste of time and money, according to a comprehensive cost-benefit analysis focusing on 300 sites. None of the predicted cleanup benefits are evident: housing prices and population movements are unaffected. Maybe remedial measures are failing to address hazards or perhaps the severity of site condition prior to cleanup was exaggerated. Do these performance measures signify a flagging Superfund effort?
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