pricing on the russian is actually and that's it from me and the news team. i'm next to look at how it's chinese company made hundreds of millions of dollars with fraudulent climate project. so i'll get out of the office . thanks for watching the diesel. the news on this in the news the, it could be the biggest climate fraud and german history. how does your freedom walk on? is it the, excuse me, not a gun different faces

a tool meant to make the oil industry cleaner, provided criminals with the unique opportunity for a 1000000000 euro fraud system is all over the system. it's now most of the kind of commercial detail, but use investigative unit, teamed up with germany's public broadcasters adf, to investigate this fraud, which began with complex carbon credit certified in germany, and took us all the way to oil fields and china. the this is shane lee, oil field in eastern china. documents we've acquired showed that the owner supposedly installed new energy efficient equipment that reduces the oil fields carbon emissions by more than $250000.00 tons per year. this modernization was approved as an environmental protection project in germany was in may

r z df colleague and badging travel to the showing the oil field to find the new equipment. no one didn't go to the new meal which i don't the way or what communion was added to me. mr csa has been working in this oil field for many years and he frequently travels to nearby oil wells. the whole one love. yeah. yeah, that's i'm only if i know what can be done. well, not, not me. oh, we drove to the company that supposedly installed the new equipment, the coordinates at the headquarters. we're also listed in the documents and we found, well, almost nothing. just an abandoned chicken cuz this

tied in with tips we had gotten from insiders within the carbon trademark it in china. that many of the chinese projects that were sold determined companies are nothing but a lucrative fraud. setting up a real project cost tens of millions where it's vacant and project just purely on paper like out of thin air. you only need to forge a basket of new documents and you gain hundreds of millions of bureaus and return carbon credits worldwide. or under scrutiny. for months we dug into carbon seating project and china we trawled through satellite images corroborated coordinates and sifted through thousands of pages of project documents which were submitted to the german authorities for approval under a relatively new scheme. since 2020 oil companies operating in germany can invest in projects that reduce carbon

emissions as well or gas fields. in other countries like china in return, they obtain carbon credits, which they can be used to meet their obligations to reduce emissions in germany. the federal environment agency is in charge of approving the projects for germany. the most important condition to be approved. the facilities need to be new at the county datas quick. this is doesn't, does i'm logwood district spend the vip is noisy? and so what comes into buttons by success? gender taking notion of material, not my expose tendency by northern quino shoots of energy and overall the agency is approved. 66 projects in china organize under random letter combinations. their total market value exceeds 2000000000 years. many of the projects ernst and young china is remote weaker region with often limited access

the agencies president direct messner, told us that none of its employees ever visited any of the project in china. it's standard procedure to lead the auditing to private, specialized companies. them did i calling want to go over these images and few play from the shifting the current guns the technician and got him to tell you about. because if you can know anything about school from upsetting and adopting him to tyler season, and this is the loophole that apparently was exploited weeks after our visit to the chicken coop, the auditors sent the real coordinates of the company's address, claiming it was a mix up the wrong coordinates were not the own irregularities we came across. we found addresses and dates that don't check out the take file number b, z i a this is a recent photo,

a source gave us. the station is supposed to save more than a $120000.00 tons of carbon emissions per year. it collects gas that would otherwise be released during the oil extraction. the gas has been liquefied and load it onto trucks for further use. the application list, the projects start date as september 2020 but satellite images, route 2019 shows that the plant was already there. the 4 n g tanks were clearly visible. truck tracks at the pickup point and the security flare suggests that the plant was already operational more than one year before the application was filed. so an existing installation in china was likely submitted as a new claimant project to the german authorities. and we went through zurich to meet one of the world's leading experts on international

climate policies in carbon trait we showed act. so michelle, over the photos and documents to understand were there any circumstances under which such a project could have been eligible to be approved as an environmental project in germany? he's on log at off kind 5 can image trend of s dolphins signed us on, on logics. yet before don tucker state had a different project. the same pattern, a planting syndrome was allegedly built in 2020 and had in fact, been there since 2014. as the information board at the entrance shows over the following months, we identified 16 such allegedly fraudulent project in china. almost all seem to have been submitted by different chinese companies. are germany's

carbon schemes and their potential loopholes common knowledge across china. could so many different companies be using the same trick? our colleagues from d d s page in 0 went to visit some of the companies mentioned in the documents. at the 1st address, we were suppose to find a power distribution company, which supposedly submitted to projects. our search, let us to the 5th floor. what's the georgia tech of homes, so need to know how much you live in going see power the drum sigma a single. i'm a single mother, male male. the next company. uh, thing. see to number 3. yeah, and we don't i oh, don't use the of

the projects that are not eligible companies but seemingly don't exist. things get more and more mysterious. then the plot thickens. the german environment agency received a letter from a chinese company. we have a copy, it claims that another company called beijing carbon new energy technology, had filed 5 projects and it's name. without its knowledge, let alone consent. more over it states, beijing carbon had erroneous lee altered data. there was a high probability that the documents were forged. the company asked german authorities to investigate the finish for us in game change, understand, does it as estimate the unvil funded into types deep sojourn it? minutes in the home with us about it? yes, the guns do i have to share in vice from ish just of us complet chief thought. so it took this tip off from china for the german authorities to launch

a full scale investigation. they referred the case to the prosecution. who as of now, is only looking into the german side, not the chinese company behind the whole scheme. chinese company records helped us investigate page in carbon. it was founded in 2011 by a former official in the energy sector. together with her son and several others, they set up an opaque network of companies and some companies we find references to beijing carbon their employees or addresses and the documents of at least 28 projects. our colleagues tried to visit the company in beijing hall, called the woman to naples, going to cobb and the goals with either me hall bombing should do more. the intro,

the manager she was told was unavailable, then they hung up. as we tried to find out more about the aging carbon, the companies seem to get nervous information we obtained suggest the company asked it's chinese business partners not to talk to the press. anti china media are using shady methods to smear all chinese projects. was allegedly citing these conversations take project e q b t, another one of phasing carbons projects according to the documents. the site was inspected by 2 auditing companies, all together, 7 times. in their reports, the companies confirmed that the installation consisted of 6 big storage tanks for liquefied gas to 12 generators. the satellite images and photos they obtained only ever show 4 tanks and 4 generators.

how could the auditors possibly missed that? besides, here's the science test, i believe i follow tomorrow by the time to come and see if i've seen the safety cause, i mean, drop me off on 5. it's also, i know fremont def, cuz there's, i've got to spend the auditors in this case for 2 companies with an excellent reputation in the industry. whether be the um, cert is specialized and environmental certification. and the 2nd company very co s . c. e, located in this picture, us village in southern germany has an equally good reputation. their executive chairman is known as one of the leading experts on carbon certification. $48.00 of the $66.00 chinese projects were audited by at least one of the 2 companies. to stop, i can do a huge sign. does this plus stock? if it's on point i can define as a employee act and freaked line good must be out. and for these have improved film tactics and that's how it has a fault. all fine was been tied to it pushed and tyler this torsion,

says teams going to enjoy the dentist dissenters in japan. go the miller, b, b, and search is eric o. s c. e refused several requests for an on camera interview that replied in writing. we see no reason to doubt our auditing work, nor the work of our auditors. we are convinced that no criminal offense has been committed by the employees of our company. the prosecutor's office in berlin recently searched the premises of both those companies along with a 3rd one which audited a few other allegedly fraudulent projects. that meant to be mindful, you think about missing the tool. this being a moment to keep it. that's the zip single fluid except yeah, this i'm going to, i guess i could screw of what i mean by tough on the type clicks on teams and

politicians have also reacted members of parliament twice. someone, the president of the environmental agency for questioning the agency has now placed 45 projects under suspicion. they are worth 1000000000 euros according to estimates . the projects could have saved the amount of carbon a mega city like legal segments in one year. the agency says it is working to resend as many of the credits as possible, and the program is now closed to new applications. the full damage has yet to emerge. one thing, however, is already abundantly clear. it didn't take a lot to defraud a system that was supposed to make a dirty industry, a little cleaner with the right paperwork and the right people in the right places in germany. one chinese company was able to make hundreds of millions of years out of thin air the

the, these funds and mexico can hardly wait to finally see their idols, tokyo hotel live, and concerts for them. the fund is about much more than just the music. the german teenagers became overnight stars with their very 1st single.