REDD-Monitor has reported several times on sales of carbon credits in the UK, from what seem to be boiler room operations. The Metropolitan Police recently put out, “The Little Book of Big Scams” (pdf file, 3.9 MB), explaining how to avoid these and other scams and providing advice on what to do if you are…
Tag: Boiler rooms
How much does a carbon credit cost? “There is no such thing as a generic price,” says ClimateCare’s Edward Hanrahan
By Chris Lang In November 2012, the BBC broadcast a programme about a company called Enviro Associates that is selling voluntary carbon credits as an investment. Enviro Associates was offering carbon credits for sale at a price of £5.50 each.
Response from Paul Seakens, Director of Carbon Neutral Investments and Enviro Associates
Ten days ago, REDD-Monitor wrote about a UK-based company called Enviro Associates, after the BBC had secretly filmed a director of the company, Luke Ryan, making “misleading” claims about the amount of money to be made by investing in carbon credits.
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.
Clinton Foundation on London Carbon Credit Company: “This matter is a known fraud”
By Chris Lang Last week, REDD-Monitor wrote about a London-based company that claimed to be in “advanced negotiations” to be “sole UK provider of carbon credits” from Clinton Foundation forestry projects. The company listed two Clinton Foundation projects on its website.