ABSTRACT
MEWA frameworks adopt a variety of complex regulatory techniques, involving multiple public and private sector actors performing regulatory and services functions, as well as hybrid legal instruments to steer the operation of the market. An implicit assumption within the regimes is that the market can be deployed to meet particular public interest, or sustainability, objectives. However, within the regimes, the state’s regulatory activities have steadily expanded, and the result is a dense system of regulation, involving legal interactions between a range of institutions and actors. The book will analyse these elements in a systematic way in order to understand the regulatory strategies behind the regimes created, and the most appropriate role of law under MEWA frameworks for achieving environmental objectives. To do so, I will adopt a broader perspective of regulatory change under the theory of regulatory capitalism.
