Innovation can drive environmental progress from "summary" of Economics of the Environment by Robert N. Stavins
Innovation plays a crucial role in driving environmental progress by continuously improving technology, processes, and practices to reduce environmental impacts. As new ideas and solutions emerge, they can lead to more efficient use of resources, cleaner production methods, and better waste management strategies. These innovations can help address pressing environmental challenges such as pollution, climate change, and biodiversity loss. By incentivizing innovation through policies like research and development funding, tax incentives, and intellectual property protection, governments can encourage businesses to invest in sustainable technologies. This can spur the development of cleaner ener...
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