Contrary to assertions made by the Haida Salmon Restoration Corporation (see Loan Documents Shed Additional Light on HSRC, 10/23), Schoppmann & Partner AG, a Swiss consulting firm, never agreed to act as broker for carbon credits generated by the Haida Gwaii salmon restoration/carbon sequestration project. No methodologies or protocols exist for creating ocean iron fertilization (OIF) offset credits, either now or in the past, under any jurisdiction in the world. As such, "We saw the obstacle to not being able to sell the carbon credits, ever," said Alexander Schoppmann, who heads the firm.
Schoppmann previously partnered with Russ George, chief scientist for HSRC, in another failed OIF venture called Blue CO2, from 2009 to 2010. Interestingly, Schoppmann is an outspoken climate change sckeptic, and believes major governments have conspired to create a global carbon tax in the form of the international offset market. These views are difficult to reconcile with Russ George's frequent claims to be leading the charge against global climate change, but business can make for strange bedfellows.