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In the U.S., a mix of deregulation and regulation efforts are underway.
"Sometimes industry self regulation efforts do not end up protecting consumers," Mr. Rockefeller said.
Republicans are, predictably, threatening to filibuster Democratic financial regulation efforts in the Senate, just as they filibustered health-care reform.
Even more damaging to Facebook's business model than tumbling shares may be the sort of E.U.-style regulation efforts that have been introduced here in recent years.
The bill also would preempt ecologically risky, piecemeal regulation of ocean fish farming in different regions of the U.S. Indeed, regulation efforts are already underway in many states, with no consistent standards to govern the industry's environmental or social performance.
A measure similar to the media regulation efforts in Venezuela and Bolivia would create the oversight panel that would hold "communicators or broadcasters responsible" for messages considered violent, sexually explicit or discriminatory.
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Lobbyists for business interests are lined up to weaken or kill any carbon regulation effort.
Four years later, Mr. Bloomberg said, he is still met at speaking engagements with Big Gulp cups, a gibe at his failed soda regulation effort.
"People doubted we could do it," said Alison West, a yoga instructor and the executive director of Yoga for New York, a nonprofit group established to fight the regulation effort.
Improving potential production and yielding target products are two of the most anticipated benefits of a metabolic regulation effort.
After working with industry to develop self-regulation efforts, the commission asked Congress last year to expand its legal authority to regulate privacy efforts when self-regulation fails.
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