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Reducing Toxic Chemical Pollution in Response to Multiple Information Signals: The 33/50 Voluntary Program and Toxicity Disclosures

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  • Hoang, Phi Cong
  • McGuire, William
  • Prakash, Aseem

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.

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  • Hoang, Phi Cong & McGuire, William & Prakash, Aseem, 2018. "Reducing Toxic Chemical Pollution in Response to Multiple Information Signals: The 33/50 Voluntary Program and Toxicity Disclosures," Ecological Economics, Elsevier, vol. 146(C), pages 193-202.
  • Handle: RePEc:eee:ecolec:v:146:y:2018:i:c:p:193-202
    DOI: 10.1016/j.ecolecon.2017.10.010
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