Regulatory Options for the Arctic

WASHINGTON, Sept. 3, 2014 /PRNewswire-USNewswire/ -- The year 2015 is going to be a pivotal year in the development of the Arctic; the US is going to assume chairmanship of the Arctic Council and EU is going to make a determined effort to be admitted as an official observer to the Arctic Council.

The Center for Regulatory Effectiveness (CRE) , who provides staff support to the Pan Arctic Forum, believes that the development of the Arctic resources should be science based and that the EU's adoption of  the precautionary principle is inconsistent with that objective. Consequently the EU proposal for admittance as an observer should not be considered until which time it revokes the precautionary principle.

CRE also believes that Norway, a member of the Arctic Council,  has an information-based  regulatory regime which should be followed by all parties involved  in the development of the Arctic.

CRE sets forward its views in a draft Arctic Regulations proposal to the Arctic Council which is being made available to the public for comment. Also at http://panarcticforum.org/home/2014/08/31/cre-white-paper-on-regulatory-options-for-the-arctic/

Copies of the CRE proposal have been sent to the government officials who are making presentations at the EU sponsored event in Brussels on 11 September titled The EU in the Arctic, The Arctic in the EU.

SOURCE Center for Regulatory Effectiveness