Regulatory Uncertainty and Opportunity Seeking: The Case of Clean Development
研究了《京都议定书》后继协议缺失带来的监管不确定性如何为不同类型企业（如公用事业、银行、碳抵消公司等）在清洁发展项目和碳市场中创造商业机会。
Regulatory uncertainty has been inherent in climate change policy due to the absence of a successor to the Kyoto Protocol. Many companies have called for more certainty and a stable policy framework. However, besides having clear disadvantages, regulatory uncertainty may also benefit some companies if they recognize the opportunities of flux and move early. This article explores business opportunities that have emerged for different types of companies, including utilities, banks, project development & carbon offset companies, brokers, exchanges, consultants, auditors and legal services providers with respect to clean development projects and the related carbon market.