9 ways to design better environmental regulation
Jun 06, 2016
We have all heard the saying, “I’m drowning in red tape”. It’s a common rebuke from businesses and others being forced to comply with regulation. Green tape, the environmental equivalent of red tape, refers to the rules and regulations that limit pollution or protect ecosystems. While green tape also draws its fair share of complaints, it turns out environmental regulation can be designed in a way to produce environmental and economic benefits that can outweigh at least some of the drawbacks – if not all of them.