GEO Watch | Labeling not Costly, Busting Another GMO Myth
Too costly? Really!? Consumers Union Study GMO FOOD LABELING? RIGHT-TO-KNOW COST IS $2.43 PER PERSON A YEAR Devon G. Peña | Seattle, WA | October 4, 2014 According to a new analysis commissioned by Consumers Union (CU) the median cost to consumers of state laws requiring labeling of genetically engineered food is $2.30 per person annually. The report is available online now here . The CU study – which includes a comprehensive annotated bibliography of studies on the economics of labeling – presents a major scientific rebuke to claims being made by the biotechnology industry. The corporate opponents of GMO labeling, including major chain grocers, have repeatedly misled the public by claiming labeling requirements will significantly increase consumer costs by hundreds and perhaps even thousands of dollars a year. There is no reliable study proving these claims and the research most often cited by the promoters of GMO foods is produced by the agro-biotech an...