04 Dec '17, 11am

Climate-friendly measures don’t impair companies’ competitiveness https://t.co/7cLfMml08F

In an FWF-funded project, a team of researchers from the Austrian Institute of Economic Research (WIFO) investigated the effect of climate-protection measures on companies. The influence on competitiveness turned out to be negligible, while the positive environmental impact was confirmed. In a project funded by the Austrian Science Fund FWF, a research team headed by Michael Peneder tried to approach this issue using scientific methodology, with sometimes surprising results. “There are two opposing hypotheses here. One says that the conversion to green energy would harm competitiveness because it engenders additional costs. Another view, known as the Porter hypothesis, maintains that companies that implement stricter regulations and stricter environmental rules sooner and faster will be rewarded by a competitive edge”, says Michael Peneder in the interview with scilog . Hi...

Full article: https://www.solarserver.com/solar-magazine/solar-news/cur...

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