Document Type
Article
Publication Title
Energy Economics
Publication Date
9-2012
ISSN
0140-9883
Page Number
S53
Keywords
environmental law, protocols, carbon footprint, carbon product labeling
Disciplines
Environmental Law | Law
Abstract
Over the past several years, labeling schemes that focus on a wide range of environmental and social metrics have proliferated. Although little empirical evidence has been generated yet with respect to carbon footprint labels, much can be learned from our experience with similar product labels. We first review the theory and evidence on the role of product labeling in affecting consumer and firm behavior. Next, we consider the role of governments and nongovernmental organizations, concluding that international, multistakeholder organizations have a critical part to play in setting protocols and standards. We argue that it is important to consider the entire life cycle of a product being labeled and develop an international standard for measurement and reporting. Finally, we examine the potential impact of carbon product labeling, discussing methodological and trade challenges and proposing a framework for choosing products best suited for labeling.
Recommended Citation
Michael P. Vandenbergh and Mark A. Cohen,
The Potential Role of Carbon Labeling in a Green Economy, 34 Energy Economics. S53
(2012)
Available at: https://scholarship.law.vanderbilt.edu/faculty-publications/1509