Highlights
• Detailed energy industry rules are crucial to realising policy goals, but typically overlooked.
• Governance arrangements determine ease of rule change for policy goals.
• Delegation is a widespread institutional design principle but has risks of capture and inertia.
• The case of code governance in Britain gives a ...
Highlights
• Detailed energy industry rules are crucial to realising policy goals, but typically overlooked.
• Governance arrangements determine ease of rule change for policy goals.
• Delegation is a widespread institutional design principle but has risks of capture and inertia.
• The case of code governance in Britain gives a demonstration of these risks.
• A reform agenda is outlined and wider lessons drawn out