A Green Label January 27, 2010 : 7:11 PM

According to Reuters:

"Some of the biggest names in technology and retailing are aiming to create what they say is a better way to identify the "greenest" purchases in consumer electronics."

"The effort is being led by the industry-backed Sustainability Consortium, which plans to develop standardized criteria that will be used to label devices, starting with computers and monitors."

"The initiative includes retail giants Wal-Mart Stores Inc and Best Buy Co, and technology leaders Hewlett-Packard Co, Dell Inc, Intel Corp and Toshiba Corp."

If accurate, these labels could go a long way towards providing consumers with vital information about how the products they buy affect the planet.