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REDDisms

“Bankers proposed creating tradable carbon credits to combat climate change. The credits would give businesses the right to pollute up to a specified level. The real driver was that banks could trade the credits, earning profits.”

— Satyajit Das, Extreme Money, FT Prentice Hall, 2011

Recent Comments

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Recent Posts

REDD-Minus: New report reveals the reality of REDD in Mai Ndombe, Democratic Republic of Congo
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Coronavirus notes #7: How the Colombian government is rolling back social and environment safeguards during the pandemic
Peru cancels its World Bank FCPF Carbon Fund programme
The World Bank Forest Carbon Partnership Facility’s latest hot air scam: Retroactive credits

Recent Comments

j'accuse on The World Bank Forest Carbon Partnership Facility’s latest hot air scam: Retroactive credits
Arthur Charles Claxton on Graeme Biggar, Director-General of the UK’s National Economic Crime Centre: “There is not a sufficient deterrent for fraudsters and there is insufficient recourse for victims”
Chris Lang on Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
Sam on Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
barrywarden on Coronavirus notes #7: How the Colombian government is rolling back social and environment safeguards during the pandemic

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