The palm-oil industry’s effort to curb deforestation has lots of flaws

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 92%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Palm oil is highly versatile, turning up in about half of all supermarket products, from pizza dough to lipstick

shed perched on top of a hill in Musi Banyuasin, a district on the Indonesian island of Sumatra, a group of palm-oil farmers wax lyrical about their crop. They started planting in the early 1990s after arriving from Java, the country’s most populous island, as part of a government resettlement scheme. Before palm oil, they worked in paddy fields and grew vegetables. But their new life is much more lucrative. Many have bought more farmland and can afford to send their children to university.

There may, however, be cause for hope. In the past few years the palm-oil industry and the Indonesian government, egged on bycampaigns, have attempted to save more trees. Satellite images show that in 2017 the rate of deforestation in Indonesia fell to its lowest level in two decades. Nevertheless, some in the palm-oil industry have made sincere attempts to become greener. The main platform for this is the Roundtable on Sustainable Palm Oil , which started in 2004 and is made up of palm-oil growers, investors, traders, retailers ands. It issues certificates to palm-oil mills whose green practices, such as preserving peatlands or forests, are confirmed by an independent auditor. In theory,In practice, things are more tricky.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wiping out habitat of critters is the real big story here, though.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Booming Permian Rewriting Rules For Global Oil IndustryLow-breakeven costs and rising output in the Permian Basin threatens OPEC's dominance over oil markets and has put the rest of the industry with conventional projects requiring higher oil prices to be profitable, including oil sands and the offshore, on notice: compete on cost or else. Without energy you are nothing. Donald Trump. Move on
Source: Forbes - 🏆 394. / 53 Read more »

Booming Permian Rewriting Rules For Global Oil IndustryLow-breakeven costs and rising output in the Permian Basin threatens OPEC's dominance over oil markets and has put the rest of the industry with conventional projects requiring higher oil prices to be profitable, including oil sands and the offshore, on notice: compete on cost or else.
Source: Forbes - 🏆 394. / 53 Read more »