At a presentation at the 2012 meeting of the Roundtable on Sustainable Palm Oil, Dorjee Sun talked briefly about his involvement in forest protection and carbon trading. “We made front page of Time magazine with our project in Indonesia”.
Tag: Carbon Offsets
Anglo-Capital Partners: Another boiler room scam?
Anglo Capital Partners’ website describes carbon credits as “The ethical alternative investment” and “a phenomenal alternative investment opportunity”. This description is dramatically different to the advice on the UK’s National Fraud Intelligence Bureau: “If you buy carbon credits you WILL NOT make any money no matter what the salesman says.”
Is the Knifton family behind Carbon Neutral Investments?
In November 2012, REDD-Monitor reported on a company called Enviro Associates. The BBC had secretly filmed Luke Ryan, a director of the company, making misleading claims about carbon credits as investments. Ryan said there was “serious money” to be made.
“If companies are stealing the timber, why should I be a bystander?” Notes from a visit to Ulu Masen, Aceh
Dusun Guhanaga is a village in Aceh in an area called Gunung Hujan (Rain Mountain). The road to the village is an ex-logging road built by PT Aceh Inti Timber. When the company was awarded the HPH (Hak Pengusahaan Hutan) Forest Concession, it immediately started logging the forest outside the concession area.
Time to scrap the EU Emissions Trading Scheme
In an attempt to revive carbon prices in the EU Emissions Trading Scheme, the European Parliament’s Environment Committee voted yesterday in favour of postponing the auctioning of 900 million pollution allowances. The market’s reaction to the vote? A 20% slump in the price of EU allowances.