Arbeitspapier

Voluntary cleanups and redevelopment potential: Lessons from Baltimore, Maryland

Policy has increasingly shifted towards economic incentives and liability attenuation for promoting cleanup and redevelopment of contaminated sites, but little is known about the effectiveness of such policies. An example of such legislation is State Voluntary Cleanup Programs (VCPs), which were established in the US in the 1990s and to date have been implemented in almost every state. We examine Baltimore properties that participated in the Maryland VCP from its inception in 1997 to the end of 2006. Specifically, we examine what type of properties tend to participate in these programs, how these properties compare to other eligible but non-participating sites, and what is the redevelopment potential of VCP properties and implications towards open space conversion. We find that most applicants (66%) actually requested a No Further Action Determination directly, rather than proposing cleanup. VCP properties tend to be industrial, located in industrial areas, and away from residential neighborhoods. In more recent years larger industrial properties have increasingly enrolled in the program. The majority of sites are reused as industrial or commercial. In contrast to Alberini (2007), this suggests that pressure for residential development does not drive VCP participation. Based on differences in zoning requirements, the VCP may reduce demand for potentially contaminating activities on pristine land by as much as 1,238 to 6,444 acres, in Baltimore alone.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 87.2008

Classification
Wirtschaft
Land Use Patterns
Environmental Economics: Government Policy
Energy, Environmental, Health, and Safety Law
Subject
Brownfields
Contaminated Sites
Voluntary Cleanup Programs
Incentives

Event
Geistige Schöpfung
(who)
Alberini, Anna
Guignet, Dennis
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2008

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Alberini, Anna
  • Guignet, Dennis
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 2008

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