More “scumbag correspondence” from Enviro Associates

Almost a year ago, the BBC secretly filmed Luke Ryan, the director of Enviro Associates, making misleading claims about how much money can be made by investing in carbon credits. Ryan reckoned there was “serious money” to be made. Of course, we know he was lying. An online survey by the Financial Conduct Authority found that no one had made any money by investing in carbon credits.

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Response from Christopher Newell, Wellz Zable: “Please kindly have this removed from your website within the next 48 hours”

In September 2013, I wrote about a company called Wellz Zable. The company is based in London and sells carbon credits as an investment. The website is full of the usual nonsense that these companies put out about carbon credits. Like this, “A number of buyers are purchasing different types of credits under all of the trading mechanisms in order to spread risk across their portfolio.”

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