Earlier quoted context omitted.
You don't need 'more' regulation, but probably different regulation. So eg instead of having lots of piecemeal regulation that bans straws and plastic bags and Kinder Surprise eggs etc, you can have a single relatively simple tax on plastic garbage. The total amount of regulation would go down, but effectiveness would go up. (You can give companies who collect and deal with their plastic trash a discount on the tax,…
I agree with your abstraction of the problem, but I think you stopped half-way. Regulators, producers and consumers are all following the same interconnected incentive structures, many of which have been designed with efficient production and an exponential increase of consumption in mind, not environmental concern. It makes sense for these companies to operate, following their obligation to shareholders. They are, b…
Our traffic congestion charging program here in Singapore also works really well (and was famously adopted by London later).