ABSTRACT

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book is about how to design regulation and alternatives to regulation in this economic and political context, in a manner that is both effective in protecting the environment and efficient in that it does so at least cost to regulators and regulated enterprises. It examines how best to overcome the considerable barriers to curbing the environmental excesses of small and medium-sized enterprises. The book examines the very different challenges involved in regulating large enterprises and how these might be overcome. It explores a variety of innovative forms of regulation. The book examines the experience of voluntary codes in the mining sector internationally, in order to derive broader lessons as to how to tailor such codes to best fit the circumstances of particular industry sectors. It locates the various next-generation regulatory reforms within a broader context.