The Precautionary principle is even if a potential danger to the environment isn't 100% scientifically proven it will not stop cost effective actions to combat it. On one hand it would stop the indecisiveness that's common when dealing with environmental issues. On the other its the economic considerations that are the cause of the delayed actions. Governments don't want to spend a large amount of money and find out the threat was a dud. I believe it should be implemented but the threat has to have a certain level of scientific verification to be acted upon. It doesn't have to be confirmed just have some research to support it.
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