In 2011, carbon markets traded a total of €96 billion worth of pollution allowances and carbon credits. In 2012, the figure was €62 billion. In 2013, it fell to €38.4 billion. The price of EUAs (EU Allowances) has fallen from €18 in 2011 to €5.
Author: Chris Lang
Forced eviction by Kenya threatens indigenous communities’ human rights and ancestral forests
Forest Peoples Programme reports that police troops in Kenya have been sent to the Embobut forest to evict thousands of indigenous Sengwer and Cherangany communities.
REDD-Monitor’s top ten posts in 2013
In 2013 the top story on REDD-Monitor was the carbon credits as investments scam. All of the top ten posts on REDD-Monitor were about this story, which involves companies (largely UK-based) pushing carbon credits onto unwary retail investors.
Urgent appeal against the forced eviction of Sengwer/Cherangany communities in Kenya
Forest Peoples Programme has put out an appeal against the forced eviction of 6,000-7,000 indigenous people and other communities from the Embobut Forest in Western Kenya. FFP, together with communities and partners on the ground are asking organisations to sign on to the appeal.
FE Wealth Management is running a carbon credit recovery room scam
A company called FE Wealth Management is currently cold calling people offering to sell their carbon credits – for an advance fee, of course. And if it is not a recovery room scam, then I’m the Queen of Sheba.