Economic Experimentation
Wilmington Trust's Meghan Shue talks macro economic and investment strategy trends in today's current climate
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K&B Development and American Excavating Corp. face up to $137,500 in fines for violations of the Clean Water Act at the Collins Way construction site in town, the Environmental Protection Agency said in a statement.
The EPA said the companies operated for more than a year without federal permits for storm-water discharge associated with construction activities, and they failed to implement storm-water controls to protect nearby water bodies.
During inspections of the site in May and June 2003, the EPA observed turbidity in nearby streams and a pond caused by storm water runoff from the site. K&B Development has since removed some of the accumulated silt from the stream and associated wetlands, the EPA said.
Wilmington Trust's Meghan Shue talks macro economic and investment strategy trends in today's current climate
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