In September 2018, the California Air Resources Board released a draft California Tropical Forest Standard and a Draft Environmental Analysis. The California Air Resources Board invited comments on the Environmental Analysis by 5 pm on 29 October 2018.
By Chris Lang Since May 2018, if you buy ice cream from Ben & Jerry’s Scoop Shop in Wardour Street, London, you will also buy a small part of a carbon credit. For every scoop of ice cream, a penny goes to buying carbon credits from the Cordillera Azul National Park REDD project in Peru.
A company called “NLC Partners” is contacting people who were scammed into buying carbon credits as investments. NLC Partners claims to be able to sell the carbon credits. Needless to say, this has all the hallmarks of a recovery room scam.
When a company buys REDD carbon credits to offset its continued pollution, it relies on certification organisations such as Verra (previously called Verified Carbon Standard) and the Forest Stewardship Council to prove that the project is genuine, well managed, and really does result in reduced emissions. World Rainforest Movement recently visited the state of Mato…
On 10 January 2017, UK police arrested Peter Singh Virdee, a British businessman, in Heathrow airport. Virdee faced extradition to Germany accused of fraud and €125 million in unpaid VAT on sales of carbon credits.