By Chris Lang Earlier this month, the director of a carbon credit company was disqualified as a director by the High Court for 15 years. Young Erumuse was the director of the London Carbon Credit Company Limited, a company that sold carbon credits to retail investors.
Dennis Melka: Exporting deforestation from Sarawak to Peru
Dennis Melka’s company United Cacao Limited is responsible for “illegally clearing swathes of rainforest in the Peruvian Amazon”, the Guardian reports.
India plans to hand over “degraded” forests to plantation companies
The Government of India is proposing to lease 40% of the country’s forests, classified as “degraded”, to private companies to improve and restore forest landscapes. Earlier this week, the All India Forum of Forest Movements (AIFFM) put out a statement opposing this proposed privatisation of India’s forests.
International Day of Struggle against Tree Monocultures: “Plantations are not Forests”
Yesterday was the tenth International Day of Struggle against Tree Monocultures. The Day aims to focus attention on the impacts of industrial tree plantations on communities. This year the focus is on the impacts of oil palm plantations.
Goldberg Management: Or how to spot a recovery room scam
A company called Goldberg Management is cold calling people who have been scammed into buying carbon credits as investments. Goldberg Management claims to be able to sell these worthless carbon credits. The company asks for an advance fee (a “10% Surety Bond”). Needless to say, it’s a transparently obvious scam.