Using Insurance Costs to Advance Action on Climate Change

One of the best ways of changing public attitudes on climate change is by letting people bear the real costs of insurance. This argument suggests that higher insurance costs may be the best way to advance action on climate change.

According to a report by Ceres titled, "Inaction on Climate Change: The Cost to Taxpayers," climate change already costs every American taxpayer $300 and going forward the costs will be debilitating. The report further indicates that every dollar spent on prevention saves four dollars in damages.

Event - Summit on Private Environmental Governance (Eco-labels and Seals)

The Summit on Private Environmental Governance will take place on Monday, June 10, 2013 at the Grand Hyatt in Washington, D.C. The Summit on Private Environmental Governance engages stakeholders across Industries. This unique conference initiates dialogues on eco-labels and seals. Consumers and companies alike are overwhelmed by an explosion of eco-labels in the marketplace. Industry fragmentation, consumer confusion and a lack of consensus over criteria for sustainability threaten to hamper the sustainability initiatives of businesses and erode consumer trust.

SourceWatch on Greenwashing: Definitions, Allure and Detection

This January 10th 2013 article offers a great summary of greenwashing as well as an explanation of why greenwashing occurs and rough rules of thumb to detect it.

Greenwashing is the unjustified appropriation of environmental virtue by a company, an industry, a government, a politician or even a non-government organization to create a pro-environmental image, sell a product or a policy, or to try and rehabilitate their standing with the public and decision makers after being embroiled in controversy.

The U.S.-based watchdog group CorpWatch defines greenwash as "the phenomena of socially and environmentally destructive corporations, attempting to preserve and expand their markets or power by posing as friends of the environment." This definition was shaped by by the group's focus on corporate behavior and the rise of corporate green advertising at the time. However, governments, political candidates, trade associations and non-government organizations have also been accused of greenwashing.

Video - Greenwash Coverage from TerraChoice: The Seven Sins (CBC Newsworld)

TerraChoice Environmental Marketing Inc president Scott McDougall talks about the dangers of Greenwashing on CBC NewsWorld on April 17th, 2009.

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New FTC Green Guidelines for Marketers

In October 2012 the Federal Trade Commission’s (FTC) updated its Green Guides for marketers. The original draft of the updated guidelines were released in 2010. The changes that should be noted pertains to the FTC's interpretation of general environmental benefits, more specifically claims that a product is “eco friendly” or “green,”

There are at least two salient points to be made here. The first is that the FTC now requires proof of any stated environmental benefit and the second is what it calls “environmental tradeoffs.” The replacement employed in the greener offering must indeed be green. The net effect is that companies will have to work harder to prove the claims they make. The FTC also has new powers to act against those who contravene these guidelines.