logo
Lawmakers approve sweeping ban on chemicals that can have deadly impact: 'One of the world's most ambitious laws'

Lawmakers approve sweeping ban on chemicals that can have deadly impact: 'One of the world's most ambitious laws'

Yahoo08-03-2025

France is leading the way in addressing toxic "forever chemicals," moving to ban their use in cosmetics, clothing textiles, and ski waxes.
These per- and polyfluoroalkyl substances do not break down in the environment and have been linked to fertility problems, developmental delays in children, and increased cancer risk. They have been found in human bodies, the environment, and, in one case, all rainwater samples tested.
Next year, products with PFAS cannot be manufactured, imported, or sold in the country, which is the second ban after Denmark's in 2020 to "progressively ban PFASs from various everyday products: food packaging, clothing, footwear and cosmetics," Le Monde reported. Maine did the same.
Nonstick cookware escaped the ban, and some protective clothing used by civil professionals is exempt. The newspaper noted that food packaging will be regulated by the European Union.
"In a relatively short space of time, two and a half years, thanks to the mobilization of members of parliament, [nongovernmental organizations], scientists and investigative journalists, a subject that was under the radar has made its way into the public debate, to the point where France now has one of the world's most ambitious laws on PFAS," said Nicolas Thierry, a member of parliament with The Ecologists and the bill's rapporteur, per Le Monde.
Additionally, industrial companies that pollute waterways will have to pay for expensive water treatment costs starting a year after the law takes effect. Large polluters such as Arkema, Solvay, and BASF will be the first subject to fines of €100 ($104) per 100 grams of PFAS. The money will go to water agencies to help them remove forever chemicals such as trifluoroacetic acid, which "everyone's drinking," according to one environmental consultant.
The companies will have five years to halt the discharge of PFAS into water.
"According to estimates by France's leading public water company, the decontamination bill could amount to 'billions of euros,'" Le Monde stated, with a forever chemicals expert pegging the figure at €12 billion ($12.45 billion).
The law also includes directives about publishing and updating PFAS monitoring stats and contamination maps.
Do you worry about having toxic forever chemicals in your home?
Majorly
Sometimes
Not really
I don't know enough about them
Click your choice to see results and speak your mind.
In January, nearly 100 European environmental and health organizations wrote a letter to the European Commission to demand the end of "the worst pollution crisis in human history." They said that the industry for decades has "knowingly allowed toxic chemicals to contaminate our bodies, our water, our food, and our air while concealing safety risks from the public and authorities."
Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

BYD Cranks Up U.K. EV Wars with Dolphin Surf
BYD Cranks Up U.K. EV Wars with Dolphin Surf

Yahoo

time26 minutes ago

  • Yahoo

BYD Cranks Up U.K. EV Wars with Dolphin Surf

BYD (BYDDY) just cranked up the heat in the U.K.'s small-EV market by rolling out its compact Dolphin Surf at a starting price of 18,650, undercutting most rivals and broadening its Seagull hatchback lineup. The Dolphin Surf slots in as one of the region's most economical electric carsbeaten only by the Dacia Spring and Stellantis's Leapmotor T03yet delivers a competitive mix of range, tech and build quality, according to those who've driven early prototypes. BYD's aggressive pricing comes amid mounting trade tensions that are already warping European auto-price dynamics and fueling fears in China that cutthroat domestic EV wars could spill into export markets. Industry watchers note that Dolphin Surf's entry forces legacy automakers and EV upstarts alike to rethink sticker prices: Renault's U.K. arm is reportedly revisiting incentives on the Spring, while Volkswagen and Hyundai are recalibrating lease deals on their small EVs. BYD's U.K. boss, Emma Lawson, argues that value can't come at the expense of quality, pointing to BYD's in-house batteries and dual-motor tech as key differentiators despite the bargain tag. Why It Matters: As more affordable Chinese EVs like the Dolphin Surf land on European shores, price wars could squeeze margins for everyonefrom blue-chip brands to cash-strapped startupswhile rapidly expanding EV adoption among budget-conscious buyers. That said, BYD finds itself in a tug-of-war, with the average 12-month target at $63 about 38% below today's levels. Some analysts still see room to run toward $85, while the bears call for a drop to around $41. Interestingly, the GuruFocus fair value sits much higher at $142.60, hinting at a few outlier bulls. After a peak near $115 this spring, the stock has drifted back, and the split in projections shows investors can't agree on where it goes next. This article first appeared on GuruFocus.

Realty Income Announces 131st Consecutive Monthly Dividend Increase
Realty Income Announces 131st Consecutive Monthly Dividend Increase

Yahoo

time26 minutes ago

  • Yahoo

Realty Income Announces 131st Consecutive Monthly Dividend Increase

Realty Income Corporation (NYSE:O) is one of the best stocks for a . On June 10, the company announced a slight increase in its monthly cash dividend on common stock, raising it from $0.2685 to $0.2690 per share. This dividend will be paid on July 15, 2025, to shareholders of record as of July 1, 2025. The adjustment brings the annualized dividend to $3.228 per share, up from $3.222. Sumit Roy, Realty Income Corporation (NYSE:O)'s President and Chief Executive Officer, made the following comment: "The quality and diversification of Realty Income's portfolio allows us to provide investors reliable monthly dividends that increase over time. I'm pleased to share that today's declaration marks the 131st dividend increase since our NYSE listing 30 years ago. During times of market uncertainty, Realty Income remains committed to delivering investors predictable income streams." A member of the S&P index and the S&P Dividend Aristocrats index, Realty Income Corporation (NYSE:O) was founded in 1969 and owns a diversified portfolio of over 15,600 commercial properties across all 50 US states, the U.K., and six additional European countries as of March 31, 2025. The company is recognized for its consistent monthly dividends, having declared 660 in a row, with annual increases for the past 30 years. While we acknowledge the potential of O as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Why Carnival (CCL) Shares Are Sliding Today
Why Carnival (CCL) Shares Are Sliding Today

Yahoo

time42 minutes ago

  • Yahoo

Why Carnival (CCL) Shares Are Sliding Today

Shares of cruise ship company Carnival (NYSE:CCL) fell 5.2% in the morning session after the major indices tumbled amid heightened geopolitical tensions in the Middle East following Israeli strikes on Iranian nuclear and military sites. This development sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict. For companies tied to the travel sector, the fallout could mean a short-term drop in demand as travelers grow wary of regional instability. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Carnival? Access our full analysis report here, it's free. Carnival's shares are very volatile and have had 24 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 17 days ago when the stock gained 5.5% on the news that the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. Carnival is down 9.6% since the beginning of the year, and at $22.64 per share, it is trading 20.5% below its 52-week high of $28.49 from January 2025. Investors who bought $1,000 worth of Carnival's shares 5 years ago would now be looking at an investment worth $1,164. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store