RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: The scandal of carbon credit firm Fri Apr 08, 2011 4:17 am | |
| A SYDNEY carbon credits company thought to have been running some of the world's biggest offsets deals appears to be a fake, shifting paper certificates instead of saving forests and cutting greenhouse emissions.
Shift2neutral says it has made high-profile events such as the Australian PGA golf championship and the Sydney Turf Club's world-first ''green race day'' carbon neutral.
But deals to generate more than $1 billion worth of carbon credits by saving jungles from logging in the Philippines, the Congo and across south-east Asia do not seem to exist.
ANCAPS: ANARCHO-CAPITALISTS |
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