When I look at CEPA, the goals and principles are pollution prevention, virtual elimination, and precautionary principle. The difficulty that I see in its application is the lack of clarity in the act around how we define a toxic substance. Toxic is toxic is toxic. Water is toxic if you have too much of it, so I get where you're coming from on that and maybe it was a poor phrase to use. The essence of what I was trying to get at is that we have highly toxic substances that exist in our society that shouldn't be there. Fire retardants are one, I believe. Look at firemen who are dying of lung cancer because they've been fighting fires and they're dying because they're breathing in these toxic substances in the fires, fire retardants being one of them. There is a lung cancer epidemic in the U.S. as a result of this.
Industry is always saying to government: I want clarity so that I can operate my business in a manner, going forward, because if it's opaque then it makes it very difficult for me to understand what I can and can't do.
If we can apply greater clarity in the definition of what is toxic, and the elimination of that substance once it's been identified as toxic, and then the reporting mechanisms that give everyone the sense that the public interest is being protected, then I think that would benefit industry in trying to go about its business in a responsible way. As you said earlier, I do believe that industry, for the most part, does try to do so. But if you don't give clarity then they will try to use the regulations in order to manage risk rather than pure risk management, as it relates to the public rather than to the corporate and the shareholder interests.
Would you agree with that?