Cash for carbon: A cost-effective way to reduce deforestation

A new Northwestern University study suggests that paying people to conserve their trees could be a highly cost-effective way to reduce deforestation and carbon emissions and should be a key part of the global strategy to fight climate change.The study, led by Seema Jayachandran, associate professor of economics in the Weinberg College of Arts and Sciences at Northwestern, sought to evaluate how effective “Payments for Ecosystems” (PES) is at reducing deforestation. PES is a prog