Edited by Graeme A. Hodge, Diana M. Bowman and Andrew D. Maynard
Chapter 10: The Evolving Nanotechnology Environmental, Health, and Safety Landscape: A Business Perspective
Oliver Tassinari, Jurron Bradley and Michael Holman The emerging technologies business consultancy firm Lux Research has tracked the significance and impact of Environmental Health and Safety (EHS) issues on nanotechnology commercialization for a number of years. Through a series of analyses (see, for example, Lux Research, 2006, 2007, 2008a, 2008b, 2009) the firm has provided insight into the EHS issues facing companies investing in nanotechnology, including evaluating the state of the science, identifying critical knowledge gaps, and advising the business community on prudent courses of action. This chapter is based on the firm’s 2009 report Nanotech’s Evolving Environmental, Health, and Safety Landscape: The Regulations Are Coming (Lux Research, 2009). 10.1 INTRODUCTION The successful commercialization of nanomaterials will depend on managing three aspects of environmental, health, and safety (EHS) issues: real risks, perceptual risks and regulations. Real risks – associated with the quantifiable possibility of new materials, products and processes to cause harm – have received increasing attention within the global research community in recent years (see, for example, Lux Research, 2006, 2007, 2008a, 2008b. See also National Nanotechnology Coordination Office, 2003; European Commission, 2005; Maynard et al., 2006; National Science and Technology Council, 2008). Research efforts have included continued progress on data-gathering efforts and a push towards global coordination and standardization of risk assessment in order to assist regulators enact and implement nanotechnology-specific policies (Murashov and Howard, 2008). More recently there has been increasing coordination between bodies and jurisdictions, with multi-lateral organizations such as the Organisation for Economic Cooperation and Development (OECD)...
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