4 ms·
Why can't a few billionaires of the world buy up a large % of the rainforests? Seriously. Besides the fact that they would rather let their wealth sit in a hedg
by nakedrobot2 8y ago
Why can't a few billionaires of the world buy up a large % of the rainforests? Seriously. Besides the fact that they would rather let their wealth sit in a hedge fund, I mean.
- growlist 8y agoWas that a deliberate pun? :)
- Nasrudith 8y agoBecause that would only get them paper. Trees are poached even when offically off limit and enforcement carries its own problems - especially with the optics involved. Even if they started on the rental foreign aid model they would rapidly wind up in trouble via Morton's forks. Government engaged in travesties (even worse if done in defense of the tree subsidies) or becomes a dictatorship - do you stop the cash flow? Not to mention the money infamously usually fails to be distributed equitably driving the desperately poor to make more short term decisions.