Regulating the Polluters: Markets and Strategies for Protecting the Global Environment
National governments and private stakeholders have long recognized that protecting the global environment requires international cooperation.
Climate change, tropical deforestation, biodiversity loss, ozone depletion, hazardous wastes, and ocean pollution are among several issues that have brought national governments together to alleviate the consequences of environmental degradation. As they have worked to mitigate these global problems, national governments have developed a wide variety of environmental regime designs. But why have national governments created different international rules and institutions to address global environmental issues? Some national environmental regimes are more institutionally integrated, some have relatively narrow mandates, some have legally binding obligations while others do not, and some obligations are determined through multilateral negotiations while others are nationally determined. In other words, what explains the pattern of regime designs in global environmental governance? Alexander Ovodenko argues that this variation can be explained by looking to a dynamic that has been thus far downplayed by the literature on global environmental governance: the structures of industries regulated by environmental rules.