January 9th, 2008
strong> By John DeFore
The Federal Trade Commission met in Washington on Tuesday with the aim of speeding up its efforts to regulate green marketing claims. Motivated largely by the rapid expansion of firms selling carbon-offsets, renewable energy certificates (such as those assuring buyers that they’re investing in new eco-friendly power plants), and the like, the FTC’s main goal is to make sure consumers know exactly what they’re buying.
The FTC and invited experts are looking at items such as airline offers that charge an optional fee to offset the ecological impact of a flight and a credit cards advertising “points” of renewable energy as a reward for each dollar spent.