REDD-Monitor’s occasional series, Carbonballs features the howlers made by con artists selling carbon credits as investments. This time round, it’s Enviro Associates trying to explain carbon credits to gullible investors.
Enviro Associates continues to contact people who have been scammed into buying carbon credits. In its latest email, it doesn’t say that it can sell the carbon credits, instead offering “the latest information regarding the market”.
“Enviro Associates specialises in providing the opportunity to purchase Verified Carbon Standard (VCS) carbon credits within the de-centralised unregulated speculative voluntary carbon credit spot market for high risk speculative investment for the future and individual and corporate offset purposes.”
Almost a year ago, the BBC secretly filmed Luke Ryan, the director of Enviro Associates, making misleading claims about how much money can be made by investing in carbon credits. Ryan reckoned there was “serious money” to be made. Of course, we know he was lying. An online survey by the Financial Conduct Authority found…