An excellent example of an environmental issue
involving uncertain outcomes that requires application of the precautionary principle, not cost - benefit analysis, is regulation of synthetic biology.
Not exact matches
Many important questions of environmental policy, however,
involve inescapably
uncertain outcomes... How much global warming will it take to trigger the irreversible collapse and melting of the Greenland ice sheet?»
All that supports the conclusion that the
outcome may
involve severe damages while leaving it
uncertain whether those will be really serious even in long term.