At an event last week in Washington, D.C., U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler and Department of the Army Assistant Secretary of the Army for Civil Works R.D. James announced that the agencies are repealing a 2015 rule that expanded the definition of “waters of the United States” (WOTUS) under the Clean Water Act, according to a press release from EPA.
The agencies are also "recodifying the longstanding and familiar regulatory text that existed prior to the 2015 Rule—ending a regulatory patchwork that required implementing two competing Clean Water Act regulations, which has created regulatory uncertainty across the United States," according to the release.
The National Environmental Banking Association (NEBA) is a professional organization focused on integrity, transparency, and accountability, promoting the highest standards in the environmental banking industry. Its members include mitigation banking professionals, industry vendors, and government officials, ensuring cost-effective outreach and support. Joining NEBA benefits you and your business, helping to grow the industry and improve
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According to US Army Corps of Engineers (USACE) data, there are more than 8 million Advance Mitigation Credits sitting on the ledgers of the many dozens of In-Lieu Fee (ILF) Programs across the United States today, nearly all of which are exempt from any financial assurance that the mitigation projects will actually be performed.
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