Which of the following are true for the Environmental Kuznets Curve (EKC)?
A. The relationship between Income and Environmental damages take the shape of an inverted U
B. EKC is applicable in case of irreversible environmental damage
C. EKC holds true for global pollutants
D. EKC hypothesis intends to represent a long term relationship between economic growth and pollution
Choose the correct answer from the options given below:
1
A and B only
2
A and D only
3
C and D only
4
A, B, C and D