Naked Capitalism’s series about Carbon Neutral Investments and other carbon credit scams continued last week. The stories just get better and better.
Search Results for: "Carbon Neutral Investments"
Naked Capitalism shines a spotlight on Carbon Neutral Investments
Naked Capitalism is a blog set up by Yves Smith. She’s an expert on investment banking and the founder of Aurora Advisers, a New York-based management consulting firm. Carbon Neutral Investments is a company that, before it changed its name, provided services for a long list of companies that sold carbon credits as investments.
Is there a link between Wellz Zable and Carbon Neutral Investments?
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.”
“Beware when an investment involves Carbon Neutral Investments,” warns the UK’s Financial Conduct Authority
Carbon Neutral Investments is a UK-based company that, until recently, offered two services. First, it worked with companies to sell them carbon offsets to make them “carbon neutral”. Second it provided clearing and settlement services for companies selling voluntary carbon credits.
Is the Knifton family behind Carbon Neutral Investments?
In November 2012, REDD-Monitor reported on a company called Enviro Associates. The BBC had secretly filmed Luke Ryan, a director of the company, making misleading claims about carbon credits as investments. Ryan said there was “serious money” to be made.