GreenPower retailer led investors astray: ACCC
Global Green Plan Ltd, using the name GreenSwitch, was deregistered from the national GreenPower program in September 2008 for failing to buy enough renewable energy certificates, but it continued to trade through its website until November. The company will now have to buy 4000 renewable energy certificates to make up the shortfall.
''The ACCC investigated the GreenSwitch activities and found the numbers didn't match up,'' the acting chairman of the ACCC, Michael Schaper, said. ''To take money from customers and not use it as it was intended is simply unacceptable.'' Source (SMH)
Greenwash: company guilty of misleading claims
A carbon credits company, Prime Carbon, has been found guilty by the Federal Court of Australia of making misleading green claims. Prime Carbon is a private company that produces and trades carbon credits created through soil enhancement and carbon sequestration programs. Source (SMH)
Regulator demands muscle on 'green' ads
Graeme Samuel, the chairman of the Australian Competition and Consumer Commission, said a sharp rise in complaints about green advertising claims - from almost none two years ago to about 500 since early 2008 - was ''very unusual''.
''Five hundred suggests there's more than a moderate problem,'' Mr Samuel said. ''It's a new area and in some cases marketers don't understand - but in most cases marketers do understand and they are overselling.'' Source (SMH)
ACCC warns about 'green' marketing
The Australian Competition and Consumer Commission (ACCC) said as companies push to appear greener, it's becoming difficult to find products that do not promise some kind of environmental benefit.
"Companies risk breaching the Trade Practices Act if they give an overall impression to consumers their product is environmentally friendly when it isn't," ACCC deputy chair Louise Sylvan said in a statement. Source (SMH)