In 2011, carbon markets traded a total of €96 billion worth of pollution allowances and carbon credits. In 2012, the figure was €62 billion. In 2013, it fell to €38.4 billion. The price of EUAs (EU Allowances) has fallen from €18 in 2011 to €5.
Tag: Carbon Credits
FE Wealth Management is running a carbon credit recovery room scam
A company called FE Wealth Management is currently cold calling people offering to sell their carbon credits – for an advance fee, of course. And if it is not a recovery room scam, then I’m the Queen of Sheba.
Financial Advisors Online is running a carbon credit recovery room scam
Financial Advisors Online is a company offering an exit strategy for people who were scammed into buying carbon credits as investments. Needless to say, for an upfront payment. And, needless to say, Financial Advisors Online is running a recovery room scam.
The tangled web of Enviro Associates, Gemmax Solutions, Gemmax Solutions Nominees and Clearset
In October 2013, Enviro Associates admitted that “in the voluntary carbon market, no one can sell your credits at this stage because the trade platforms are still in development stage”.
Kingsley Advice Group: Lies from a boiler room scam
Kingsley Advice Group claims to have “a long history of success” and to be a “trusted name in financial services”. Both of these statements are lies. The company was recently created. And it’s a scam, not a “trusted name”.