In May 2013, MH Carbon went into voluntary liquidation. How much of the tangled web of carbon credit deceit will unravel as a result?
Tag: Carbon Credits
Interview with Paul Mark Green, Carbon Neutral Trading Exchange: “I decided to set a goal to aid clients in exiting the market”
Earlier this week, a commenter on REDD-Monitor asked about a company called Carbon Neutral Trading Exchange. My response was sceptical. It seemed to me that this was a company that looked as though it was attempting to profit by selling over-priced voluntary carbon credits.
“Beware when an investment involves Carbon Neutral Investments,” warns the UK’s Financial Conduct Authority
Carbon Neutral Investments is a UK-based company that, until recently, offered two services. First, it worked with companies to sell them carbon offsets to make them “carbon neutral”. Second it provided clearing and settlement services for companies selling voluntary carbon credits.
Need a carbon exit strategy? Can you trust World Carbon Marketplace?
Last week, a commentator on REDD-Monitor asked about a company called World Carbon Marketplace. The commenter pointed out that on the company’s website, 28 people were advertising carbon credits from 58 projects supposedly worth a total of just over £2 million.
EU carbon price collapses: Carbon trading is not the solution to climate change
The EU Emissions Trading Scheme is in crisis. Yesterday, the European Parliament voted against the backloading proposal which was aimed at increasing the price of carbon permits. After the vote, the price of carbon permits dropped by about 40% to its lowest ever price of €2.63. New Energy Finance predicts that it might fall as…