I'm currently being called 7 or 8 times per day (the latest call at 8-45pm) by a loser of a tele-sales salesman pushing Carbon Credits. His CC's currently cost about £8-00 each. Citing George Osborne he claims they are guaranteed to be worth £16 each by 2013 or £30 each by 2020 with no risk whatsoever and would be a safe home for the cash we have saved up to pay for hip replacements etc when the time comes, if the NHS once again starts talking glacial epochs in terms of waiting times for treatment!
He has also claimed it would make sense to churn investments in safe
and stable cash ISA's which we paid £££ in charges to get into ...
?The trading floor price for Carbon Credits will start at
£16 per tonne in 2013 and hit £30 per tonne by 2020?
George Osbourne, Chancellor of the Exchequer, March 2011.
This looks like a profit in the region of about 80%/annum.
I can't understand why the Chancellor is pushing this profit out to
private dealers, scam artists and speculators and not keeping it for
the revenue. I rather wonder if I have misunderstood something, or am
I just being scammed by the boiler room operator, after all ISTM it
would take a hell lot of individual investors to keep the entire
economy made up of companies the size of BA, BT or whatever supplied
with Carbon Credits.
Or is it me? Any "killer questions" I should be asking, for instance
should this activity be regulated?
- posted 8 years ago