The common protest against increased or improved chemical regulation is that tighter regulations will restrict innovation and create an economic burden. Indeed, much has already been written about the resources required for U.S. companies to comply with the European Union's Registration, Evaluation and Authorization of Chemicals (REACH) regulation. However, new research out today from the Center for International Environmental Law (CIEL), a nonprofit environmental law organization based in DC and Geneva, indicates that chemical regulation may actually have an upside for businesses as well.
The common protest against increased or improved chemical regulation is that tighter regulations will restrict innovation and create an economic burden. Indeed, much has already been written about the resources required for U.S. companies to comply with the European Union's Registration, Evaluation and Authorization of Chemicals (REACH) regulation. However, new research out today from the Center for International Environmental Law (CIEL), a nonprofit environmental law organization based in DC and Geneva, indicates that chemical regulation may actually have an upside for businesses as well.