Liking The Enviro-Debt Swap

Indonesia environmental debtAs much as it’s feasible in light of the enormous deficits on the horizon, this is a cool idea:

U.S. to Forgive Indonesian Debt in Exchange for Conservation Plan, Wall Street Journal

The more forest that’s protected to suck in CO2, the better, and obviously a poor nation’s government benefits when the debt evaporates.

Tags: , | Link

Leave a Reply