Over the past two weeks, Richard Smith has written a series of posts on Naked Capitalism about Carbon Neutral Investments and carbon credit scams. REDD-Monitor provided two handy guides to these posts, here and here.
Category: UK
Week two of Naked Capitalism’s series on Carbon Neutral Investments and other carbon credit scams
Naked Capitalism’s series about Carbon Neutral Investments and other carbon credit scams continued last week. The stories just get better and better.
HSBC is bankrolling forest destruction
At a meeting last month organised by the Forest Stewardship Council, HSBC’s Francis Sullivan said that if a company doesn’t pass the bank’s sustainability risk tests, then it won’t get a loan.
Carbonballs: “You could probley say we where wet behind the eyes”
Colemanballs is a long running series in Private Eye featuring the howlers made by sports commentators. It’s named after ex-BBC commentator David Coleman. Today, REDD-Monitor is launching an occasional series, titled Carbonballs featuring the howlers made by con artists selling carbon credits as investments.
Hamilton Carter: A “specialist investment consultancy” selling carbon credits as investments sets off the alarm bells
“Hamilton Carter are a specialist investment consultancy, focused in carbon credit trading, emissions offsetting, gold trading, property funds and other alternative investments.” If that statement from the company’s website doesn’t set off alarm bells, here are some aspects of the Hamilton Carter’s operations that will.