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A $5 billion scandal has emerged in Germany's carbon credit market, involving a Chinese emissions-reduction project that was misrepresented as a chicken farm. The scandal has brought significant attention to Shell, which was involved in the project. The issue came to light in January when a whistleblower alerted Shell through its online portal about the misrepresentation. This revelation is now impacting biofuel companies, driving some out of business.
Me: The Climate Cult and carbon-credits are a scam. The Climate Cult: Hold my beer. "A Chinese emissions-reduction heating project on an oilfield it was involved in was actually a chicken farm." https://t.co/ZCRS6gMwbI https://t.co/5HhAdadwrp
A $5 billion scandal is rocking Germany's carbon credit market https://t.co/gW4AGlCcmb
🟡 SCOOP: A $5bn scandal in Germany is focusing attention Shell: A whistleblower told the company in January that an oilfield emissions-reduction project it was involved in was actually a chicken farm. Subscribe to @semafor's Net Zero newsletter for more https://t.co/mdSGYlqAiH