It pays to address landfill liability management comprehensively — potentially in the millions

It’s a natural tendency to avoid the unpleasant. Landfill environmental liability can be unpleasant, so naturally many companies ignore it. Companies often ignore environmental liability until they no longer can, typically when there is a triggering event such as a notice of non-compliance from an environmental regulatory authority or a notice of potential responsibility from a law firm.

Companies that have been ignoring the liability then go from avoidance to reactionary mode. This reactionary approach to environmental liability management often includes more avoidance and delays at each step along the road to compliance.

The unfortunate part is that this reactionary approach has built-in inefficiencies that translate to significantly higher total remediation costs, and greater contamination and liability risk. Furthermore, the “avoid, react, and delay” approach that is so commonplace in landfill liability management results in higher legal fees, engineering and management expenses, as well as lost opportunity costs.

Reactionary liability management doesn’t happen because the parties involved are incompetent or irresponsible: it happens because most companies aren’t aware that there’s an alternative.

They aren’t aware that instead of asking:
“How can we avoid or at least delay these expenses?” they can ask:

“How quickly can we get this liability off our books?” and
“How can we create value while we do that?”

They aren’t aware that instead of asking:
“How long will it take and how much will it cost to meet each of the Subtitle D compliance requirements for assessment, remediation, and 30-years of maintenance and monitoring?” they can ask:

“How long will it take and how much will it cost before we have achieved a sustainable state of remediation where no contamination is being generated and no ongoing capital input is required to maintain that condition perpetually?”

They aren’t aware that instead of asking:
“What step happens next, and who do we need to pay to do that?” they can ask:

“What is the reuse opportunity at this site once remediation is complete, and how do we get there?”

To help landfill owners and Potentially Responsible Parties ask the right questions, Cover Technologies is making available a new white paper focused on the cost/revenue implications of a comprehensive remediation approach. Titled A New Model: End-to-end Landfill Remediation Management, the paper describes the factors that should be influencing decision-makers and illustrates new ways of looking at them.

Email me today to request a copy, or call our offices at 877-587-9433 to learn more. The requirements of effective landfill remediation don’t have to be avoided, because with a proactive approach, those obstacles can be opportunities.