"While the limitations of traditional regulatory approaches are widely accepted and cited, it is far from evident, that "new modes of governance" have greater capacity to solve problems than the old ones. There is an argument, that "better regulation" might by synonymous to a withdrawal and weakening of the regulatory state and hence effectively of the aspirations and objectives of environmental policies."

Source: Hey, C., K. Jacob, and A. Volkery. 2007. ‘Better Regulation by New Governance Hybrids? Governance Models and the Reform of European Chemicals Policy’. Journal of Cleaner Production 15 (18): 1859–74. doi:10.1016/j.jclepro.2006.11.001.