As a Financial Times (FT) investigation reveals, a lack of verification and stringent auditing of the carbon trading market puts consumers at risk into thinking that their money will go towards reducing greenhouse gas emissions when, in fact, our carbon offsetting cowboys remain satisfied with flaunting their creative accounting skills and playing the carbon credit game to their benefit.
The FT article is below.
A DeSmogBlog Dispatch
As a Financial Times (FT) investigation reveals, a lack of verification and stringent auditing of the carbon trading market puts consumers at risk into thinking that their money will go towards reducing greenhouse gas emissions when, in fact, our carbon offsetting cowboys remain satisfied with flaunting their creative accounting skills and playing the carbon credit game to their benefit.
The FT article is below.
"The police, the fraud squad and trading standards need to be looking into this. Otherwise people will lose faith in it." -- Environment Adviser of HBSC, UK's biggest bank.
A DeSmogBlog Dispatch