Opinion: Why does Brazil sell itself so cheap?

The Minister of the Environment wants US$1 billion from the international community to preserve the Amazon. It sounds like a lot, but it is a trifle compared to what the forest and its protection could be worth. A testament to shortsightedness.

By Alexander Busch

RIO DE JANEIRO, BRAZIL - (Opinion) Brazilian Environment Minister Ricardo Salles supposedly thought he was very clever when he announced that he intends to demand "US$1 billion" at the Earth Day summit on April 22. In exchange, Brazil would deforest 40% less Amazon forest than it currently does. By this he means: if . . .

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