Yes there is, it's now called Aggressive expansion and only has a local effect.that's a riot
There's no infamy anymore, nothing to stop you from taking as much land as you want in peace deals. I conquered and cored all of the British isles by 1510 as Scotland and had the majority of North America and the entirety of the Caribbean under my thumb by 1600.
It may seem easy, but you have to remember that points spent on coring are points that can't be spent on tech, ideas, and stability.Because coring is so damn easy. With the British provinces, they didn't add much overextension and they were very quick to core - colonizing doesn't add overextension and you just have to eat the natives in bite sized chunks while you core them.
Seriously. Coring is too easy.