Abstract
A trend towards “softer” regulation, especially in the form of negotiated environmental agreements, is observable in national and international environmental policies. Such agreements are controversial, because there are fears that government will relinquish its responsibility for environmental protection. This paper analyses experiences with voluntary agreements in German climate policy. Especially the voluntary agreement made by a number of industries on a CO2 reduction by the year 2005. The paper is based on a study commissioned by the German Federal Ministry of Economics (Rennings et al. 1996).
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