A need for regulation?

The Conservative Party has announced that it will implement more voluntary agreements that focus on waste rather than rely on regulation.
This issue was also discussed at a recent London Remade conference I attended.
Although I think some regulation can cause red tape and be a burden, others can let people take action and tackle waste.
The recent announcement by retailers that they narrowly missed their voluntary single-use carrier bag targets shows that sometimes voluntary agreements do not necessarily force businesses to meet their targets.
It will be interesting to see what happens in the future on this issue.