Carbon Labeling for Consumer Food Goods
AbstractWe construct a model to predict how consumers will respond to better information about the carbon content of 42 foods and a nonfood composite as well as product categories through a label, and provide guidance as to what kinds of goods would provide the highest CO¬2eq emission reductions through a labeling scheme. Our model assumes that consumers value their individual carbon footprint, allowing us to utilize estimates of own- and cross-price elasticities of demand from the literature on demand analysis. We make three different assumptions about how consumers currently value their carbon footprint and find that when a label informs consumers, their baseline perception matters. We also find that carbon labels on alcohol and meat would achieve the largest decreases in carbon emissions.
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Bibliographic InfoPaper provided by Agricultural and Applied Economics Association in its series 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington with number 124369.
Date of creation: 2012
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Carbon emissions; food labeling; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q53; D83; Q18;
Find related papers by JEL classification:
- Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-06-25 (All new papers)
- NEP-ENE-2012-06-25 (Energy Economics)
- NEP-ENV-2012-06-25 (Environmental Economics)
- NEP-MKT-2012-06-25 (Marketing)
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