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Poor country in need of cash? Sell forests to trade off pollution.

Bolivia is one of Latin America poorest countries and is looking for a way of improving its economy. Instead of dirty mining or cutting wood, a report written by Andrea Urioste states that Bolivia could sell oxygen. While this may sound like they'd need buyers who are also interested in oceanfront property in Kansas, what we're talking about here is selling the "protection and conservation" of its natural forests. According to Ms. Urioste, Bolivia could be paid money to preserve forest environments. She proposes a scheme in which rich ... Read more →

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