Environmental Policies and Business Impact Article and Website

https://news.cornell.edu/stories/2021/02/environmental-policies-not-always-bad-business-study-finds

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According to the analysis, what is the impact of market-based or incentive-based environmental policies on regulated firms in the traditional and 'green' energy sectors?

• They harm output and profits

• They have no effect on output and profits

• They benefit output and profits

• The impact varies depending on the firm and industry

What type of policies may broadly harm output and profits?

• Command and control policies

• Financial incentive policies

• Monetary award policies

• Nonmonetary award policies

What is the Porter hypothesis?

• Environmental policies have no impact on growth and development

• Environmental policies stimulate growth and development

• Environmental policies only benefit the environment

• Environmental policies hinder growth and development

Which type of policy improved industrial output in the petroleum and nuclear energy industries?

• Command and control policies

• Financial incentive policies

• Monetary award policies

• Nonmonetary award policies

What did the study find about the impact of environmental policies on output and profits?

• They always lead to a decrease in output and profits

• They have no impact on output and profits

• They sometimes lead to a decrease in output and profits

• They do not necessarily lead to a decrease in output or profits

What should be weighed against the costs of environmental policies?

• The benefits to the environment and society

• The benefits to regulated firms and industries

• The benefits to other sectors and the overall economy

• All of the above

What type of environmental policies do economists generally prefer?

• Command and control policies

• Financial incentive policies

• Monetary award policies

• Market-based or incentive-based policies

What did the study find about the impact of command and control policies and nonmonetary award policies?

• They have no impact on GDP, output, and profits

• They have a positive impact on GDP, output, and profits

• They have a negative impact on GDP, output, and profits

• They have a mixed impact on GDP, output, and profits

What is the gold standard for environmental policies according to economists?

• Command and control policies

• Financial incentive policies

• Monetary award policies

• Carbon tax or tradeable permit system