Posted on 06/22/2012 8:24:32 AM PDT by Olog-hai
Rattled in Europe by the REACH regulation and carbon dioxide emission curbs, international chemical companies are at the Rio Earth Summit determined to push for a global approach to environmental policy—but with a light regulatory touch. …
The reasoning is simple and well-known. Rather than complying with a myriad of environmental laws in different countries, companies prefer dealing with a single set of globally-harmonized rules. …
In Europe, the REACH regulation, adopted in 2006, has started a mammoth process of registering about 100,000 substances that are currently used in a wide range of consumer products, with the aim of gradually replacing the most harmful chemicals with safer ones. …
(BASF's Ronald) Drews argues that "the REACH legislation is currently seen worldwide as the best in class regarding chemical law," and that other regions were trying to learn from Europe's experience. China and South Korea have already implemented "some elements of REACH" and discussions have begun in India to put in place what Drews described as "an Indian REACH".
But he cautioned about the temptation to simply roll out REACH to countries where little or no chemical safety rules have existed so far, saying national administrations would quickly be overwhelmed. …
Despite differences over the best possible approach, chemical companies are in agreement over the need to promote global standards. And this, they argue, can only be done via a stronger mandate for the United Nations Environment Program (UNEP). …
In fact, international chemical companies at ICCA would like to go a step further, saying the UN's involvement in policing environmental legislation should be extended to other areas than chemicals to cover carbon dioxide emissions. …
(Excerpt) Read more at euractiv.com ...
bttt
That's exactly how the California Air Resources Board controls Federal emissions Policy.
The Land O’Fruits and Nuts? Not surprising.
Good ole globalist crony capitalists in action. now join hands, sing ‘we are the world’, and give homage to mother Gaia.
complicated and costly rules are a great way to keep out competition
It wouldn’t be the first time we’ve been sold out by corporations.
In the words of blogger Charles Hugh Smith today:
Concentrating centralized political power inevitably spawns State/private-capital cartels that stripmine taxpayer/citizens. This cannot be avoided or staved off with 1,000-page legislative bills and 30,000 pages of regulations, all of which serve to consolidate the power of centralized government and private capital
Exactly, raise barriers to entry and keep market share without competition.
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