The Global Auto Industry and Climate Change: Between Corporate Responsibility and Regulation |

The Global Auto Industry and Climate Change: Between Corporate Responsibility and Regulation

Synopsis:

Addressing environmental externalities is traditionally seen as hinging on effective state regulation. Yet, it is not just the material facts of regulations, such as their stringency and timing, that explain the extent to which firms internalise environmental externalities. The extent to which they do this is better explained by the relationship between regulators and those they seek to regulate. This proposition is examined with reference to the auto industry and the regulation of passenger motor vehicle carbon dioxide emissions in the industry’s three hubs of the European Union, United States and Japan. The conclusion reached is that although different regulations in each territory have affected firms’ behaviour, it is not the material facts of these regulations alone that explain differences in the industry’s compliance with them, but the institutional contexts in which the regulations were developed. Furthermore, because auto firms are multinational corporations these different institutional contexts have implications beyond the borders of their home territories.

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Speaker(s):

John Mikler, Senior Lecturer, Department of Government and International Relations, School of Social and Political Sciences, The University of Sydney

Date:
Tuesday, 18 August 2009
Time:
12.15 p.m. - 1.30 p.m.
Venue:

Seminar Room 3-5
Level 3, Manasseh Meyer
Lee Kuan Yew School of Public Policy
469C Bukit Timah Road
Singapore 259772

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