In August 2013, REDD-Monitor wrote about a company called Baron Traders, a Gibraltar registered company that sold carbon credits as investments. Much of the post was based on a series of articles written in 2011 by Richard Smith on the Naked Capitalism website.
Tag: Boiler rooms
No one investing in carbon credits has made any money: Financial Conduct Authority survey
No one investing in carbon credits has made any money. That’s the conclusion of a survey by the Financial Conduct Authority. “[M]any investors have told us they are not able to sell or trade the carbon credits they have bought,” FCA states on its website.
City of London Police arrest six men as part of investigation into boiler room carbon credit operations
Last week, City of London Police arrested six men as part of an investigation into a suspected “boiler room” based in London’s Square Mile and selling carbon credits.
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.”
Glenleigh Trading: Would you buy a used carbon credit from this company?
By Chris Lang Glenleigh Trading is a UK company selling carbon credits as investments. The company claims to have specialised in emissions trading “for many years”. Pretty impressive for a company that was registered in 2011 and whose only director, Christy John Browne, is 23 years old.