Reducing Toxic Chemical Pollution in Response to Multiple Information Signals: The 33/50 Voluntary Program and Toxicity Disclosures
Phi Cong Hoang,
William McGuire and
Aseem Prakash
Ecological Economics, 2018, vol. 146, issue C, 193-202
Abstract:
We study firms' responses to two US Environmental Protection Agency (EPA) information-based interventions. First, the EPA disclosed toxicity information on the chemicals listed in the Toxics Release Inventory (TRI). Second, it grouped 17 of the TRI chemicals in the 33/50 voluntary program and challenged firms participating in this program to aggressively reduce their aggregate emissions. Firms therefore faced “twin” signals: focus on the most toxic chemicals, and focus on 33/50 targeted chemicals.
Keywords: Voluntary Environmental Programs; Greenwashing; 33/50; Environmental Protection Agency (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:146:y:2018:i:c:p:193-202
DOI: 10.1016/j.ecolecon.2017.10.010
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