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CARBIDE CHAIRMAN CALLS FOR INTEGRATED ENVIRONMENTAL AND ECONOMIC POLICIES

 DANBURY, Conn., Dec. 1 ~PRNewswire~ -- Union Carbide Corporation (NYSE: UK) Chairman Robert D. Kennedy today called for cooperation among industry, government and environmentalists to integrate environmental and economic policies.
 At the annual meeting of the American Industrial Health Council in Washington, D.C., Mr. Kennedy said the opportunity exists to begin a productive dialogue with the new Administration and Congress.
 Business can make enormous contributions "if we are free to operate within a sensible regulatory structure that stresses pollution prevention rather than command and control," Mr. Kennedy said. "Risk could be reduced sensibly, in cost-effective ways, using science, rationality and discipline as the basis for decisions."
 Carbide's chairman said that a national consensus is beginning to form around the notion that far more could be accomplished for the environment if priorities were realigned. "Many agree that we can no longer afford to assign scarce resources to programs that produce only a negligible benefit -- and usually at a price that even the most hardened bureaucrat would regard as less than cost-effective," Mr. Kennedy said.
 "The nation's approach to risk assessment was conceived two decades ago, and the system simply can't cope with the environmental and economic problems of the 90s," he said.
 He called for the adoption of economic incentives and market-based mechanisms, such as tradeable permits, to encourage innovation and least-cost solutions to priority problems, and to reward companies that go beyond existing standards.
 Mr. Kennedy said the opportunity also exists to bring consistency to, or harmonize, the systems employed around the world for classifying chemical hazards.
 "Harmonization will enhance environmental health and safety, facilitate trade in chemicals and reduce duplicate testing," said the Carbide chief executive officer. "A stumbling block is the fear that harmonization will infringe on national rights. We can help if we emphasize that comparing risks in common terms can help countries to reduce risks without sacrificing their sovereignty."
 Mr. Kennedy concluded that industry and government are beginning to work together to encourage voluntary prevention.
 "In a noteworthy agreement with the Environmental Protection Agency last year, nearly 800 industrial firms pledged to cut in half the emissions of 17 hazardous substances by 1995," he explained. "Working together, we an help revitalize American industry and the economy."
 -0- 12~1~92
 ~CONTACT: Tomm F. Sprick of Union Carbide Corporation, 203-794-6992~
 (UK)


CO: Union Carbide Corporation ST: Connecticut IN: CHM SU:

TM -- NY086 -- 2597 12~01~92 16:33 EST
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Publication:PR Newswire
Date:Nov 30, 1992
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