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REDDisms

“There are now already in development derivatives of CO2 prices that are so complicated that I do not understand it any more, if you get a reservoir of derivatives which becomes so big that it becomes an industry in itself that is very dangerous because you can get the tail wagging the dog.”

— Feike Sijbesma, CEO of chemicals group DSM, January 2010

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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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