Parker Andrews have been instructed to place the carbon credit broker, MH Carbon Ltd, into creditors’ voluntary liquidation. An associated company, MH Commodity Brokers Ltd, will also be placed into liquidation shortly.
The Company, formed in September 2010, originally acted as a trader on its own account, buying and selling both Certified (CERs) and Voluntary (VERs) Carbon Credits. Latterly, the Company acted as a commission-only broker. The Company brokered the sale of around £18.7 million of carbon credits to over 5,000 clients during its trading period.
The following link has comments from several clients who bought into this scheme. Makes an interesting read (link)
The company has been offering VCS carbon offsets to its clients from hydro and wind projects in India and China. For more information please click here: