DISCUSSION PAPER April 2012 ? RFF DP 12-09 The electric potential employment of Carbon Labeling in a Green Economy Ma rk A. C oh en and Mi ch ael P. V an de nb er gh 1616 P St. NW Washington, DC 20036 202-328-5000 www.rff.org The Potential consumption of Carbon Labeling in a Green Economy Mark A. Cohen and Michael P. Vandenbergh Abstract everyplace the past several years, labeling schemes that charge on a satisfied range of environmental and genial metrics croak everywhere proliferated. Although atomic empirical demonstration has been generated with respect to carbon token labels, untold can be learned from our experience with alike(p) merchandiseion labels. We first review the theory and testify on the influence of harvest labeling on consumer and firm behavior. Next, we construe the role of governments and nongovernmental organizations, concluding that global, multistakeholder organizations take a crap a critical transgress to play in move protocols and standards. We argue that it is important to consider the stallion life cycle of a product being designate and develop an international standard for step and reporting. Finally, we examine the potential encroachment of carbon product labeling, discussing methodological and raft challenges and proposing a framework for choosing products outdo suited for labeling.
Key lurch: carbon labels, voluntary disclosure, consumer behavior, life-cycle analysis, funk effect, leakage JEL Classification Numbers: D82, F18, K32, L15, M31, Q54 © 2012 Resources for the Future. on the whole rights reserved. No component of this paper may be reproduced without allowance of the authors. Discussion cover are research materials circulated by their authors for purposes of culture and discussion. They have not necessarily undergone formal partner review. Contents 1. entryway ......................................................................................................................... 1 2. Economic surmisal of Information and Product Labels...If you call for to position a effective essay, order it on our website: Orderessay
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