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Category: UK

Kevin Anderson: Relying on market based instruments to address climate change is “doomed to failure and is a dangerous distraction”

Posted on 2 October 20139 November 2021

By Chris Lang Kevin Anderson is Professor of Energy and Climate Change at the Tyndall Centre at the University of Manchester. He’s one of the UK’s leading climate scientists. In a recent post on his website, he explains “Why carbon prices can’t deliver the 2°C target”.

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No one investing in carbon credits has made any money: Financial Conduct Authority survey

Posted on 26 September 201317 May 2019

No one investing in carbon credits has made any money. That’s the conclusion of a survey by the Financial Conduct Authority. “[M]any investors have told us they are not able to sell or trade the carbon credits they have bought,” FCA states on its website.

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City of London Police arrest six men as part of investigation into boiler room carbon credit operations

Posted on 24 September 20131 June 2021

Last week, City of London Police arrested six men as part of an investigation into a suspected “boiler room” based in London’s Square Mile and selling carbon credits.

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Is there a link between Wellz Zable and Carbon Neutral Investments?

Posted on 6 September 20131 August 2015

Wellz Zable is another company based in London that is selling carbon credits as investments. “Carbon credits provide investors with a unique opportunity to become involved in an innovative and rapidly growing asset class,” the company claims on its website, “whilst also helping to mitigate the worlds emission of carbon dioxide.”

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Glenleigh Trading: Would you buy a used carbon credit from this company?

Posted on 27 August 201326 November 2020

By Chris Lang Glenleigh Trading is a UK company selling carbon credits as investments. The company claims to have specialised in emissions trading “for many years”. Pretty impressive for a company that was registered in 2011 and whose only director, Christy John Browne, is 23 years old.

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Recent Comments

  • Julien Kokelberg on Diffraction Limited: Another carbon credit boiler room bites the dust
  • Ben on Response from Kurt Kaiser, Director of Compass Carbon: “Your article was of great concern to us”. And some questions for Kaiser from REDD-Monitor
  • James Mewa Kamaya on Papua New Guinea’s Forest Authority cancels Mayur Resources’ Kamula Doso REDD project
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