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Prestige Investment Group Limited: More red flags than a Chinese military parade

Posted on 19 April 20165 December 2017

Over the weekend, someone called Lee Hales contacted REDD-Monitor. Hales wants to speak to investors who have been scammed into buying carbon credits as investments. I wouldn’t trust Hales, or his company Prestige Investment Group Limited, as far as I could throw them.

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REDD myth no. 3: To address climate change we have to reduce emissions from deforestation

Posted on 15 April 201631 January 2019

“We have to reduce emissions from deforestation if we’re to prevent catastrophic climate change,” WWF argues on its website. At a first glance, it seems like a no-brainer. Forests store an awful lot of carbon. When forests are cleared for cattle ranching, or to make way for oil palm plantations, the carbon dioxide goes back…

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Why not put a carbon tax on aviation rather than relying on REDD offsets? Because a tax lacks “environmental integrity”, says ICAO’s Jane Hupe

Posted on 12 April 2016

Last week, REDD-Monitor looked at the aviation industry’s plans to offset its ever-growing emissions using REDD credits. Kevin Conrad and the Coalition for Rainforest Nations are behind the plan. It’s supported by nine mainly US-based NGOs. And it’s opposed by more than 80 NGOs internationally.

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SGS Malaysia’s RSPO accreditation was terminated because SGS Malaysia carried out audits while it was suspended

Posted on 7 April 20167 April 2016

On 31 December 2015, Accreditation Services International terminated SGS Malaysia’s accreditation with the Roundtable on Sustainable Palm Oil. REDD-Monitor wrote about this in February 2016: “Transparency and the Roundtable on Sustainable Palm Oil: Why was SGS Malaysia’s accreditation terminated?” Neither RSPO nor ASI were willing to explain why SGS Malaysia’s accreditation had been terminated.

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Is California steamrolling REDD offsets into its cap and trade scheme?

Posted on 6 April 20165 April 2016

California is currently considering whether to allow REDD credits into its Global Warming Solutions Act (AB 32). For several years, there has been a (sometimes heated) debate about this issue, some of which REDD-Monitor has documented.

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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
  • Benedikt von Butler on Switzerland’s offsetting deal with Peru excludes REDD. It will still not reduce emissions
  • George Wolfe on The Carbon Credit Registry carbon credit “reformatting” scam continues: A company calling itself Williams & Gray is running a recovery room scam

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