05 Jun 2000
CHEMICAL FIRMS IN GENE WARNING
The Day of Judgement is at Hand!
The Human Genome Project and other advances in genetic science mean that chemical companies - and those who use chemicals in their products - face a bleak future of lawsuits over allergies and toxicity, Friends of the Earth warned today.
Crisis in Chemicals by FOE chemical expert Dr Michael
Warhurst, shows that:
Friends of the Earth want consumers to press retailers to reveal what chemicals are in the products they sell and to get rid of the chemicals of greatest concern. Because of the endemic secrecy of the chemical industry, in cases such as perfumes and can linings, wholesalers and retailers may never have been told what chemicals are in the products they are selling.
Investors face heavy losses, because companies which do not take a precautionary approach to the use of chemicals could have their long term future destroyed by liabilities. The insurance industry will also be vulnerable to losses from liability actions,and losses from other forms of insurance, for example reputational insurance.
Friends of the Earth will be pressing the Government to overhaul chemical
regulation and replace it with laws based on openness and the precautionary
principle. The current regulatory system - which is based on secrecy and
ignorance - is failing to protect public health. Regulators do not, in
general, know the specific chemicals present in any product. and Only
14% of 'high volume' chemicals have a minimum set of basic safety data.
More than one fifth of high volume chemicals have no safety data at all.
Chemical safety standards in the workplace are set for the average
person and are often based on little more than guesswork.
Friends of the Earth is calling for:
Dr Michael Warhurst said
At the moment it is virtually impossible
to link people's illnesses with exposure to a particular chemical or product.
This is about to change. Advances in genetic science mean that the day
of judgement for the chemical companies is just around the corner.
Companies that fail to clean up their act
will face a heavy bill. So will their insurers and investors. The biomedical
revolution is now underway. Industry,governments and the financial sector
can't ignore it. They must take action now.
Summary briefing and review copy of full report available
Crisis
in Chemicals summary briefing (4pp)
Contact details:
Friends of the Earth
26-28 Underwood St.
LONDON
N1 7JQ
Tel: 020 7490 1555
Fax: 020 7490 0881
Web: www.foe.co.uk/feedback.html
Media team