Final answer:
The three core elements of the precautionary principle are proactive action, cost-effectiveness analysis, and regulatory restraint. It should be applied particularly when there's potential for irreversible harm and significant scientific uncertainty about the potential effects of an action.
Step-by-step explanation:
The three core elements of the precautionary principle are
- Proactive action in the face of scientific uncertainty
- Cost-effectiveness analysis
- Regulatory restraint
The principle is not always employed because it may not be practical or necessary in every situation, such as when there is substantial evidence indicating the absence of harm, or when the potential cost of precautionary measures far outweighs the benefits. The precautionary principle should be applied when there is significant uncertainty about the potential harm of an action, particularly when that action has the potential to cause irreversible harm to human health or the environment. This approach helps to ensure conservation of resources, protection of biodiversity, and the sustainability of the environment for future generations.