A hazard is a potential source of harm. Substances, events, or circumstances can constitute hazards when their nature would allow them, even just theoretically, to cause damage to health, life, property, or any other interest of value. The probability of that harm being realized in a specific incident, combined with the magnitude of potential harm, make up its risk, a term often used synonymously in colloquial speech. Hazards can be classified in several ways; they can be classified as natural, anthropogenic, technological, or any combination, such as in the case of the natural phenomenon of wildfire becoming more common due to human-made climate change or more harmful due to changes in building practices. A common theme across many forms of hazards in the presence of stored energy that, when released, can cause damage. The stored energy can occur in many forms: chemical, mechanical, thermal hazards and by the populations that may be affected and the severity of the associated risk. In most cases, a hazard may affect a range of targets and have little or no effect on others. Identification of hazards assumes that the potential targets are defined, and is the first step in performing a risk assessment. Environmental hazards include long term environmental deterioration such as acidification of soils and build-up of atmospheric carbon dioxide to communal and involuntary social hazards such as crime and terrorism to voluntary and personal hazards such as drug abuse and mountain climbing. Environmental hazards usually have defined or common characteristics including their tendency to be rapid onset events meaning they occur with a short warning time, they have a clear source of origin which is easily identified, the impact will be swift and losses suffered quickly during or shortly after the onset of the event, risk of exposure is usually involuntary due to location or proximity of people to the hazard and the "disaster occurs with an intensity and scale that justifies an emergency response".

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Chemical hazard
Chemical hazards are typical of hazardous chemicals and hazardous materials in general. Exposure to certain chemicals can cause acute or long-term adverse health effects. Chemical hazards are usually classified separately from biological hazards (biohazards). Main classifications of chemical hazards include asphyxiants, corrosives, irritants, sensitizers, carcinogens, mutagens, teratogens, reactants, and flammables. In the workplace, exposure to chemical hazards is a type of occupational hazard.
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