Storyline
Circle Gas Tests Carbon-Credit Model
Timeline
- Thu, Oct 15LatestUnverified — not yet reviewed
Post-Mortems on Copia and Koko Networks Surface Structural Flaws in Last-Mile and Carbon-Credit Models
New analysis examining the collapse of Copia and Koko Networks identifies structural weaknesses in both last-mile commerce and carbon-credit-backed business models as the root causes of failure. The post-mortems are being flagged as essential reading for operators in similar sectors, particularly as Circle Gas faces scrutiny over $156 million in net liabilities following Koko's demise.
- Wed, Oct 14Unverified — not yet reviewed
Circle Gas Faces Kenya's Carbon-Credit Model Test After Koko's Collapse
Following the collapse of Koko Networks, Kenya-based Circle Gas is facing scrutiny over its $156 million in net liabilities as a test of the viability of the clean-cooking carbon-credit financing model. The situation is being watched for what it reveals about the sustainability of carbon-credit-backed energy businesses in East Africa.