Carbon credit investments defended after police warning

City of London police said foreign boiler room operations were scamming £300m from Britain with fake investment schemes in carbon credits, forests and biofuels. However, CAG defended carbon credit trading as a real long-term investment opportunity and said it supports the Financial Services Authority's (FSA) bid to clean up the sector. CAG chief executive Matthew Sullivan said: "A few rogue operators cannot be allowed to discredit the entire sector. "IFAs and potential investors thinking of exploring the carbon credit market should proceed with caution as the market is young and at...