Abstract
AbstractEconomic activity continues to move away from the application end‐of‐pipe pollution control toward preventative source‐oriented approaches. This new strategy, aiming ultimately for sustainable production, requires support and commitment from industrial managers and can thus be best put into practice at the level of the firm. This paper examines the use of voluntary regulation in Denmark and the Netherlands as an alternative to traditional command and control environmental policies. It suggests that in some instances covenants between the authorities and industrial trade bodies and contracts between the authorities and individual companies have a number of advantages over traditional policy. However, while the prospects for voluntary regulation may be good, the paper concludes that experiences so far are limited.
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