|
Report Predicts High Costs for EU Chemical Assessment Rules
Severely EFLFrom the French MERCER Report: ... Nevertheless, the impact [of proposed EU regulations on chemicals] remains very strong on the whole industry and economy. Gee, yâa think? The detailed analysis carried out on 14 pilot segments of the chemical and downstream industries shows that the regulation will generate increases in costs, production losses or relocation of certain productions outside Europe... The cost impact which penalizes more the smaller volume productions will entail the withdrawal of many substances (from 10 to 30% in certain sectors, which will make it necessary to reconsider a great number of downstream formulations (cosmetics, [Oy! Paris will freak!] paintsâŠ) With the domino effect, the whole of the French industry and economy will be impacted... Really? Whoâda thunk it? These different case studies show that the disappearance of chemical substances due to REACH will cause great problems to find substitutes, to change formulations, which, with the increase in costs, will favor the relocation of production and will slow down the innovation in new products. Each time, the competitiveness and the innovation capacity of companies will be weakened faced with a global competition with no such restrictions. Welcome to Economics 101, Jacques. (Read the boring rest if you care, or if you need a cure for insomnia.) Typical EU crap. Put out a bunch of regulations without taking into account (or caring) what will happen if theyâre implemented. The economy? Unimportant! What really matters is that companies have to prove through testing that chemicals that havenât caused any harm for a hundred years are "safe". And guess whoâs paying for it? Hint: Not Brussels. Unfortunately, weâve got politicians like that here, too, and they want back into power in the worst way. Posted by: Barbara Skolaut bskolaut@hotmail.com 2004-04-14 |
| http://www.rantburg.com/poparticle.php?ID=30546 |