precautionary nyt 10/27/00 11:54 AM Page 1 Unbalanced caution Better safe than sorry. This proverb is the essence of the precautionary principle, which has become a central element of several recent international agreements, and of policies announced by the Environmental Protection Agency and the European Union. While there is no official definition of the precautionary principle, the one expressed in the 1992 Rio Declaration is the most commonly cited: Where there are threats of serious or irreversible damage, lack of full scientific certainty shall not be used as a reason for postponing cost– effective measures to prevent environmental degradation. On the face of it, this is a reasonable principle. Business and government share a common goal to exercise appropriate caution to ensure that new products and business operations do not pose unwarranted risks to public health or the environment. Where risks to public health or the environment exist, cost– effective steps to manage and reduce these risks should be taken. Unfortunately, using highly speculative assertions of risk, some activists misuse the precautionary principle to justify product bans and to stop new developments, including those that hold enormous promise for improving human life. Despite the absence of meaningful scientific evidence, claims of serious potential harm are made, even in the face of experience with the safe use of targeted products. Some types of plastics, genetically modified grains, hormone–treated meat and even routine energy projects are opposed because they are seen as too risky. Trade protectionists also use the princi- ple as an excuse to ban new products that compete with traditionally protected goods. Misuse of the precautionary principle should be cause for concern. In practice, advocates are now demanding the impossible by insisting on perfect certainty of no ill effects. A responsible approach to risk recognizes that all human activities include both benefits and risks. Electricity, air travel, and chemotherapy all entail risks, but on balance society recognizes that their benefits justify facing their associated risks (even while working to reduce these risks further). If the precautionary principle is used to block beneficial innovations, public welfare is damaged. An unbalanced and excessive caution can undermine economies, jobs, human aspirations, health and the environment. Unjustified fears can lead to counterproductive behavior (as, for example, when consumers avoid eating fruit because of the exaggerated fear of residual agricultural pesticides). Trade restrictions arising from the misuse of the principle strain international relations and hurt consumers and producers. Enormous benefits come from scientific research, innovative technology and new developments. That is why governments must avoid the utopian pursuit of a risk–free world and, instead, exercise common sense in applying the precautionary principle. Above all, we should rely on science–based risk assessment and management, recognize the potential benefits that new developments entail, and use the scientific tools society has to seek both greater safety and material progress. Governments must avoid the utopian pursuit of a risk–free world TM www.exxon.mobil.com © 2000 Exxon Mobil Corporation