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carbon credits- SCAM??

HI- this is my first post so please forgive me if I'm in the wrong place or whatever.
I have been contacted by a company based in London asking me if I'd like to invest in buying carbon credits.
They are telling me I will be able to nearly double my money within a year- here is a quote from their website-
Carbon trading may dwarf that of Crude Oil WITHIN 5 YEARS – Worth 2 Trillion” - US Commodity Futures Trading
I would like to know if anyone has any experience of this - i.e if it is just another scam!

Any feedback appreciated,
david

Comments

  • daveleips wrote: »
    HI- this is my first post so please forgive me if I'm in the wrong place or whatever.
    I have been contacted by a company based in London asking me if I'd like to invest in buying carbon credits.
    They are telling me I will be able to nearly double my money within a year- here is a quote from their website-
    Carbon trading may dwarf that of Crude Oil WITHIN 5 YEARS – Worth 2 Trillion” - US Commodity Futures Trading
    I would like to know if anyone has any experience of this - i.e if it is just another scam!

    Any feedback appreciated,
    david

    If a company could double their money, why would they need to cold call strangers? If you want to invest speak to a IFA, if you want to get scammed hand over your details to cold callers.
  • hcb42
    hcb42 Posts: 5,962 Forumite
    I would research carbon credits in general before you commit any funds.

    It's a pretty contested subject.
  • Sounds pretty dodgy to me. Can't think of anything at the moment where you can double your money without huge risks being involved!!!
  • vax2002
    vax2002 Posts: 7,187 Forumite
    The Brain Child of Maurice strong, a Oil billionaire who realised if he frightened to world to death he could trade Carbon Credits (fresh Air) which would manipulate the world oil price, his right hand man is Al Gore.
    All you will be trading is Hot Air and once the King is found to be Naked, that is all you will be left with for your money.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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