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| | REACH and Risk |
 | | The most recent example of job-killing, nanny-state policy from the EU is a chemicals regulation called REACH, an acronym for Registration, Evaluation and Authorization of Chemicals. |
 | | Evaluation requires regulators to assess risks for about 4,000 substances produced or imported in yearly quantities exceeding 100 tons, and also for substances in lower quantities if they are "of concern." Authorization applies to substances of "very high concern," for which specific permission would be required for certain uses. |
 | | The Commission's own (very conservative) estimates for only the registration phase of the October 2003 version of REACH range from ?2.3 to ?5.2 billion; and although they are likely to be significant, the costs of evaluation, authorization, and other REACH-related regulations were not estimated. |
| www.cei.org /gencon/019,04740.cfm (1127 words) |
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