Regulation and Market Forces
An analysis of pollution controls and the Canadian petroleum industry.
# 130497 | 2,500 words | 10 sources | MLA | 2006 |
Published on Dec 01, 2006 in Environmental Studies (Economics and Policy) , Environmental Studies (Environmental Problems) , Canadian Studies (Economics and Finance) , Canadian Studies (Natural Resources)
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In this article, the writer discusses that the question of the effectiveness of aggressive regulatory intervention in the marketplace is a complex one given how it balances economic theory and legal principles within the context of political realities. The writer maintains that the complexity of this is due to the extremely high level of variables that must be incorporated into an analysis in order to fully understand the problem at hand. The writer discusses that the Canadian regulatory regime of pollution controls on the country's petroleum industry represents an excellent example through which we may understand the complexity of analysis of government practices in this regard.
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