The Bigger Picture – Assessing economic aspects of chemicals substitution (2016)

The Bigger Picture – Assessing economic aspects of chemicals substitution (2016)

Policy makers need to take a broad approach in their assessments of whether to regulate a chemical or not. Since the ultimate aim is to protect human health and environment, while stimulating economic growth at the same time, one must include the costs and benefits for all involved parties. Failing to do so will cause regulation to misfire and favour laggards instead of frontrunners, as well as create barriers to innovation and weakened protection for the environment.