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The Waxman-Markey climate change bill calls for the United States Government to pay billions of dollars to developing countries to protect their carbon-sequestering forests. The avoided emissions would potentially add 10 percent in emissions reductions to
International plans to preserve forests– and the carbon dioxide sequestered in them– have found a friend in the Waxman-Markey climate change bill. The House legislation would set up cap and trade revenues to help stop deforestation abroad. Host Steve Curwood talks with Alden Meyer from the Union of Concerned Scientists about what the legislation could mean for U.S. and global emissions.