'Heartless' carbon credit investment firms shut down by High Court

Carbon Green Capital and Agora Capital were shut down in the public interest by the High Court last month, following petitions presented by the Secretary of State for Business, Innovation & Skills. An investigation into the two companies on behalf of the Insolvency Service found that Carbon Green Capital, a limited liability partnership (LLP) trading out of offices in Lime Street, London, had sold carbon credits to members of the public as investments by making false and misleading claims as to the likely investment returns. The company received in excess £274,000 from members of the pub...