Climate: U.K. deforestation, clean energy representative Eliasch discusses int'l clean energy challenges

Deforestation is the largest single emitter of greenhouse gases in the world. How should industrialized and developing nations be approaching this issue in order to avoid further destruction of forests and increased emissions? During today's E&ETV Event Coverage, the U.K. prime minister's special representative for deforestation and clean energy, Johan Eliasch, says the most successful way to avoid deforestation is to make standing trees more valuable than logged trees. Eliasch explains why he believes it is more cost effective to save rainforests than it is to provide subsidies for biofuels. He also gives his views on international efforts to create a post-2012 climate agreement.