Oxford Mail November 2013 Sir your excellent feature on the "carbon con men" should serve as a warning.  Investors have been paying  thousands of pounds for overpriced carbon certificates said to be linked to environmentally friendly projects such as tree planting. There is no resale market for the certificates and investors typically lose every penny. The UK’s Financial Services Authority has issued warnings about investing in the unregulated trade of carbon credits. One carbon credit is supposedly worth one metric tonne of carbon dioxide. An Oxford computer scientist stated it is not possible to reliably measure carbon emissions in tonnes at all so the whole concept is nebulous. These scams are becoming ever more widespread due to legislation to decarbonise our energy supply and to  invoke carbon budgets in the naive belief it will affect the climate. It is another inflated  South Sea bubble waiting to implode. The Climate Change Act  enacted by the Labour Party in 2008 has detrimental implications for our financial and energy security and played right into the hands of shady green entrepreneurs. Click here to Reply or Forward 0.79 GB (5%) of 15 GB used Manage Terms - Privacy Last account activity: 27 minutes ago Details

FALLON, Michael

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