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EPA Negotiates Landmark International Pollution Agreement
Funds Mutual Vanguard By Staff
High Yield Plus Fund Inc. (the Fund) is a diversified, end management investment company. The Fund's primary objective is to provide a high level of current income to shareholders. It seeks to achieve this objective through investment of at least 80% of its investable assets in publicly or privately offered, rated securities of comparable quality. As a secondary investment objective, the Fund will seek capital appreciation, but only when consistent with its primary objective. The Fund has agreements with, among others, Wellington Management Company, LLP (the Investment Adviser) and Prudential Investments LLC (the Administrator). The Investment Adviser makes investment decisions on behalf of the Fund.
Funds Mutual Top (AXcess News) Washington - After several years of legal wrangling and negotiations, the Bush Administration and the world's largest zinc producer have reached an international agreement to investigate contamination in the Upper Columbia River in northeast Washington state. Under this landmark agreement, Teck Cominco will fund and perform an EPA-monitored assessment of decades of past pollution in the river running downstream from Canada into U.S. waters. This study is the initial step in the clean-up process.
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Funds Market Money "With this historic agreement, we have moved from opposite sides of the table to sit down together as environmental problem solvers," said Michael Bogert, EPA's Regional Administrator for the Northwest. "By delivering results through cooperation over confrontation, the Bush Administration is avoiding years of inefficient litigation and beginning the restoration of the river basin."
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Funds In Investing Mutual The agreement calls for Teck Cominco to assess the environmental contamination caused by the company's smelter operations in Trail, British Columbia, just 10 miles north of the U.S. border in northeast Washington state. This Upper Columbia basin is a National Recreation Area visited by more than 1.5 million people annually. The multi-year study will assess risks from contamination to both people and the environment, and covers 150 river miles from the Canadian border downstream to the Grand Coulee Dam.
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Fidelity Funds Mutual The agreement is fully enforceable and is consistent with U.S. Superfund models and policy.
Blue Chip Value Fund, Inc. (the Fund) is a diversified, end management investment company, registered under the Investment Company Act of 1940. The Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of large companies with headquarters in the United States, such as those included in, or similar in size to those included in, the S and P 500 Index. Denver Investment Advisors LLC (DIA) acts as the Fund's investment adviser, while ALPS Mutual Funds Services, Inc. and DIA serve as the Fund' administrators.
Funds Load Mutual No Under the agreement, the company will complete a Remedial Investigation and Feasibility Study consistent with U.S. Superfund law. In addition, EPA retains full oversight authority for the duration of the study.
Funds Investment The company agrees to fully fund the multi-year study to its completion and to pay federal oversight costs up front. In addition the agreement provides for state and tribal involvement throughout the study and $1.1 million in annual funding for their participation. The company will place $20 million in escrow to provide financial assurance.
Funds Retirement EPA began its assessment in the Upper Columbia River in 2000 following a petition by the Colville Confederated Tribes.
Funds Trust Additional information will be available after 4:00 p.m. at: http://www.epa.gov/newsroom/pdf/teckcominco.pdf
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