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.
Tag: 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.
BluForest Inc to pre-sell carbon credits from REDD project in Ecuador to non-existent UK company
BluForest Inc claims to be setting up REDD projects in Ecuador. It plans to generate carbon credits from 105,000 hectares of land in Ecuador.
Baron Traders Ltd: Another scam company offering carbon credits as investments
In November 2011, Richard Smith exposed a carbon credit scam company called Validated Carbon Credits in the blog Naked Capitalism. Validated Carbon Credits has since gone, but its parent company, Baron Traders Ltd is still selling carbon credits.