Accounting and Society

There has been an increasing level of legislation that has been introduced by the Australian Government,
particularly in relation to the environment and climate change (for example, The National Pollutant Inventory
(NPI) the National Greenhouse Energy Reporting act (NGER) and the Carbon Tax).
Evaluate the potential effects of the introduction of the environmental legislation using the free-market and
pro-regulatory approach to regulation and provide a conclusion as to whether you support or oppose the
introduction of such regulation.
You will need to provide justifying evidence based on different stakeholder groups (i.e. perspectives of Society,
Corporations and Government). Your arguments MUST be substantially supported by academic literature.
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