Carbon consultants creaming it. What’s the scam?
What is fraud with carbon credit intermediaries? Correspondence received by MWM Claims brokers charge half the value of project loans, or even more.
Energy and carbon consultants who act as intermediaries between the Clean Energy Regulator (CER) and project owners receive up to 70% of the value of Australian Carbon Credit Units (ACCU), industry sources say.
In a note from Martin Energy Group‘s Andrew Boughton tells Dairy Australia: “The belief that 20% to 50% of the value of a national carbon credit scheme designed to help farmers and builders is used to benefit office-bound middlemen in a way that is vastly disproportionate to their services and the risks they assume is beggarly.”
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Michael West was founded Michael West Media Focusing on public interest journalism in 2016, particularly the growing power of corporations over democracy. West was formerly a journalist and editor for Fairfax newspapers, a columnist for News Corp and was even once a stockbroker.
