Development: Worldwatch report says rate of economic growth is destructive to environment

As the energy demands of the United States and other developed nations continue to rise, experts warn of the potentially damaging effects on the environment. During today's OnPoint Erik Assadourian, project director of the Worldwatch Institute's "Vital Signs 2006-2007," discusses the findings of this latest report and predicts a collapse of resources if the use of fossil fuels is not diminished. Assadourian talks about major societal destruction if the current rate of economic growth is not slowed. He also says a sustainable planet will not be achieved until there is a transition to renewables and biofuels.