The Bear Market Economics Phenomenon

“The Bear Market Economics Phenomenon” is an observation of Political Economics. Wall Street Admits: ‘We Got Rich Off the Backs of Workers’ thus creating the Bear Market. The Bear Market is America's default war. The ethic of Wall Street is the ethic of celebrity. It is fused into one bizarre, perverted belief system and it has banished the possibility of the country returning to a reality-based world or avoiding internal collapse. A society that cannot distinguish reality from illusion dies.

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Tuesday, June 23, 2009

Greenwashing: 98% Green Products Make False Claims

ChattahBox.com

98 percent of Products Claiming to be Green, Make False Claims

(ChattahBox)—Recent testimony before the congressional committee on commerce, trade and consumer protection provided some eye opening information about various fraudulent “green” claims made by manufacturers. A study conducted by the environmental consulting firm TerraChoice, found that 98 percent of environmentally friendly claims listed on products are either false or misleading.

Besides outright lies and false claims, Scot Case of TerraChoice, found that many environmental certification programs either can’t verify its claims or the claims make no sense. Making claims of being natural, green, eco-friendly or non-toxic are vague and misleading and the practice is referred to as “greenwashing.”

And manufacturers can get away with it, because there are no federal standards for manufacturers to adhere to, regarding environmental claims. With nearly 300 competing and often conflicting environmental certification programs, consumers have no way to verify any of the “green” claims.

Additionally, manufacturers are not required to list every single ingredient in its products, so reading an ingredients list would not allow a consumer to decide if a product is natural or green.

A quick look through my own cleaning products unearthed a container of Windex that now displays a prominent green sticker, with the claim, “Greenlist Ingredients. Same Great Product!” However, it contains ammonia and contains a warning to Keep out of reach of children. There is no ingredient list, but it says it doesn’t contains phosphorus.

Whether such a product is truly “green” is open to interpretation, but without full disclosure of every substance in the product, there is no way of knowing.
Congress is considering implementing new labeling standards to combat the misleading “greenwashing” of consumer products.