Identify the correct statements from below :
(A) First UN conference on human environment was held in Norway in 1972.
(B) In I = PAT expression, P stands for poverty.
(C) Pollution tax was suggested by Pigou.
(D) Population growth follows a logistic distribution.
(E) Hedonic pricing is an environmental valuation method used in valuing tourism sites.
Choose the correct answer from the options given below :

Correct option is B

Correct Option: 2.  (C), (D), (E) only
Information Booster:

• (C) Correct - Arthur Pigou indeed proposed pollution taxes (Pigouvian taxes) to correct negative externalities
  
• (D) Correct - Population growth typically follows an S-shaped logistic curve, not indefinite exponential growth
  
• (E) Correct - Hedonic pricing is used to value environmental attributes, including tourism/recreation sites
  

Additional Knowledge:

• (A) Incorrect - First UN environment conference was in Stockholm, Sweden (1972), not Norway
  
• (B) Incorrect - In I = PAT (Environmental Impact formula), P stands for Population, not Poverty