dw.com
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"German Biofuel Firm's €25 Million Investment in Chinese Carbon Credits Under Fraud Investigation"
"In 2023, Verbio, a German biofuel producer, invested €25 million in Chinese carbon credits from Beijing Karbon, which are now suspected to be fraudulent due to misrepresentation of existing facilities as new projects, highlighting flaws in the verification process."
"German Biofuel Firm's €25 Million Investment in Chinese Carbon Credits Under Fraud Investigation"
"In 2023, Verbio, a German biofuel producer, invested €25 million in Chinese carbon credits from Beijing Karbon, which are now suspected to be fraudulent due to misrepresentation of existing facilities as new projects, highlighting flaws in the verification process."
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