Ecosystem Marketplace recently released its State of the Voluntary Carbon Markets 2013. During 2012, the market for voluntary carbon credits grew by 4% in volume, reaching 101 million tonnes of carbon offsets. But the market value decreased by 11% as the average price of voluntary carbon credits fell from US$6.2 in 2011, to US$5.9 in…
Tag: Carbon Credits
Global Carbon Exchange: “There are more holes in GCE’s sales pitch than in any Swiss cheese”
Global Carbon Exchange sells carbon credits to individuals as an investment. It’s another boiler room scam.
Foreco Growth Investments Ltd: Another carbon credit boiler room bites the dust. “More proof that you should keep your savings well away from carbon credits”
On 12 June 2013, Foreco Growth Investments Ltd, a UK-based company that sold carbon credits as investments, was wound up in the High Court in London. The company is the latest in a series of similar companies to be investigated by the Insolvency Service and subsequently closed down.
Eventus Alternatives: Another carbon credit boiler room scam?
By Chris Lang Eventus Alternatives is a Dubai-based company selling carbon credits to individuals as investments. Carbon, according to the company’s website is, “The dawn of a new commodity – the booming new alternative providing comprehensive return on investment.”
The OTC Registry: “The registrar service of last resort,” or just part two of the boiler room scam?
A recovery room is a company that claims to offer assistance to people who are the victims of boiler room fraud. For a fee, of course. The recovery room is the second part of the boiler room scam.