Precautionary Principle

Article - May 2011

The UK Nuffield Council on Bioethics proposes five ethical principles and a duty to develop biofuels instead of the Precautionary Principle

The Precautionary Principle advises society to be cautious about a technology or practice where there is scientific uncertainty, ignorance, gaps in knowledge or the likelihood of outcomes we did not predict or intend. It runs counter to the optimistic notion that any negative impacts from a technology can be addressed and may provide an opportunity to develop new solutions, so contributing to economic growth. The US Chamber of Commerce dislikes the precautionary approach and prefers: “the use of sound science, cost-benefit analysis, and risk assessment when assessing a particular regulatory issue.” Its strategy is therefore to: “Oppose the domestic and international adoption of the precautionary principle as a basis for regulatory decision making.”