In an opinion column written for the Wall Street Journal, Fred Krupp, president of the Environmental Defense

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In an opinion column written for the Wall Street Journal, Fred Krupp, president of the Environmental Defense Fund, observes that “in most of the world, there is no economic incentive for corporations to reduce pollution.” What does the writer mean by an “economic incentive”? Why might corporations lack an economic incentive to reduce pollution?

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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