This guide to environmental regulation for business has identified a growing agenda of policy options. It has discussed a search for alternative styles of regulation that attend to concerns that regulators as well as the regulated have with the traditional, standard-based ways of designing regulation. The broad impact of traditional regulation was to provide regulated parties with comparatively little discretion over what they must do to meet the goals set by the regulator. There can be merit in this approach as when there is a need to remove a toxic material from use or there is a need to safeguard human populations and ecosystems from serious and immediate harm. Contemporary environmental policy still has ...
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