EPA TARGETS BIOTECHNOLOGY FOR NEW RULES

EPA TARGETS BIOTECHNOLOGY FOR NEW RULES

The U.S. Environmental Protection Agency will draw up new rules for some genetically engineered products in response to President Bush's plan to streamline regulation of the industry, the EPA's administrator said.

"Biotechnology presents enormous opportunities to improve our lives and our environment," William K. Reilly said Tuesday. "Among its potential advantages are new ways to clean up the environment, develop pest-resistant plants, and improve food production with less use of synthetic chemicals.""The industry will need a stable set of rules to make the necessary

investments, and EPA soon will be providing those that pertain to the areas that we administer," he said.

President Bush told the U.S. Chamber of Commerce Monday that "the U.S. leads the world in biotechnology. I intend, through sensible regulation, and in some cases deregulation, to keep it just exactly that way."

The plan to streamline the regulations calls for development of a one- stop method for seeking federal approval for biotech products - including animals, plants and microorganisms - now regulated by several agencies.