Demand for palm oil is growing—and fast. At the moment, most of it ends up in hundreds of food products—from margarine and chocolate to cream cheese and oven chips—although it’s also used in cosmetics and increasingly, for use in biodiesel. But the cost to the environment and the global climate is devastating—to feed this demand, tropical […]
Demand for palm oil is growing—and fast. At the moment, most of it ends up in hundreds of food products—from margarine and chocolate to cream cheese and oven chips—although it’s also used in cosmetics and increasingly, for use in biodiesel. But the cost to the environment and the global climate is devastating—to feed this demand, tropical […]
A new report names major U.S. and European banks that are financing land grabs in Indonesia for palm oil production—which is harming the rainforest and the lives of the people who live there—and the investors who are profiting from the business. Palm oil producers in Indonesia are clearing tropical rainforests to plant their oil palm trees, obliterating the […]