“R”, a commenter on REDD-Monitor, recently told his story about buying voluntary carbon credits from a company called City Asset Partnership. He paid a total of £1,525 for 250 credits, a price of £6.10 per credit. Unfortunately, the company seems to have all the hallmarks of a boiler room scam.
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Another boiler room scam? Enviro Associates’ “misleading” claims about carbon credits
By Chris Lang Earlier this month, the BBC secretly filmed the director of UK-based company Enviro Associates making “apparently misleading” claims about the amount of money to be made by investing in carbon credits. The director, Luke Ryan, said there was “serious money” to be made.