US Edition‘Forever Chemicals’ Could Cost Europe up to €1.7 Trillion by 2050: Report
- On Thursday, January 29 the European Commission published a study assessing PFAS costs in the European Economic Area, estimating societal costs could reach up to €1,700,000 million by 2050.
- PFAS, widely used across industry and consumer goods, are now detected across soil, water and food chains, with nearly 23,000 contaminated sites including hotspots such as Veneto, northern Italy.
- Emissions projection to 4.4 million tons by 2050, with PFOA classified as carcinogenic and health harms linked to exposure, including cancers.
- Under different policy paths the study models costs ranging widely, with polluted water treatment costs exceeding €1 trillion and a full ban scenario estimated about €330 billion.
- The EU is examining a 2022 proposal from Sweden, Denmark, Germany, Norway and the Netherlands for a universal PFAS restriction, while European Chemicals Agency committees will deliver final opinions by year-end.
19 Articles
19 Articles
Persistent pollutants known as PFAS could cost the European Union between €330 billion and €1.7 trillion by 2050, according to a report published by the European Commission. The financial impact depends on how tough Brussels takes on these ubiquitous chemicals, used in everyday products and associated with serious health and environmental risks.
A collaborative survey coordinated by Le Monde and published on 29 January reveals that environmental and human contamination by eternal pollutants could cost more than 1,700 billion euros.... Article 1,700 billion euros: the XXL bill of eternal pollutants that could cost the EU a great deal appeared first on current values.
'Forever chemicals' could cost Europe up to 1.7 tn euros by 2050: Report
The continued use of "forever chemicals" could cost Europe up to 1.7 trillion euros ($2 trillion) by 2050 because of their impact on people's health and the environment, an EU-commissioned report said Thursday.
In particular, this study assesses the impacts of PFAS on human health and the costs associated with soil and water remediation, with different scenarios.
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