The incentive to innovate induced by pollution policies is referred to as ________.
A)Coase's theorem
B)the opportunity cost doctrine
C)the Porter hypothesis
D)the double dividend

Question

Quizplus · Accepted Answer

The Porter hypothesis states that environmental regulations can lead to an incentive for firms to innovate and become more efficient, which can lead to cost savings and ultimately increased profits. This can be seen as a "win-win" situation for both the firm and the environment. Coase's theorem relates to property rights and externalities, the opportunity cost doctrine is a general economic concept, and the double dividend refers to the idea that environmental policies can not only benefit the environment but also have positive economic impacts.

The Incentive to Innovate Induced by Pollution Policies Is Referred