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Dubai carbon credit firm accused of being a Ponzi scheme

2013-06-11 14:43:00| Climate Ark Climate Change & Global Warming Newsfeed

International Adviser: Advanced Global Trading, a Dubai-based company selling voluntary carbon credits to retail investors, has been accused of being either a boiler room scam or Ponzi scheme by a website which writes about emissions and deforestation. The article is written by Chris Lang founder of the website Redd-Monitor.org, which provides "news, views and analysis about reduced emissions from deforestation and forest degradation'. Carbon credits, of which there are two types -- voluntary emission reductions...

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