In most discussions of the Precautionary Principle, it is implicitly;assume
d that we are at a point near risk neutrality, so that the principle aims a
t moving away from risk neutrality in the direction of more risk-averse beh
avior. In this paper it is argued that actual decision-making in environmen
tal issues is often on the opposite, risk taking, side of risk neutrality.
A minimal version of the Precautionary Principle consists in moving from su
ch a position in the direction of risk neutrality. Some methods for achievi
ng this are discussed, such as less consensus-seeking scientific procedures
, requirements that scientific committees identify less probable but seriou
s scenarios, interpretative presumptions, and supplementary statistical mea
sures for type II errors.