Wednesday, February 6, 2013

Palm oil: fueling landgrabs and climate change, not development

Click here to access article by Jeff Conant from Friends of the Earth.

This article reports on another source of biofuels which pretends to be a "green" technology, but in reality supports more profit-taking for global corporations and results in more ecosystem destruction which threatens us all.
Just a few years ago, palm oil entered the spotlight as one of the best and brightest options for a “drop-in” biofuel feedstock (a type of biofuel that can be “dropped into” existing transportation infrastructure) to reduce dependence on fossil fuels, cut back on climate emissions, and bring economic development to marginal lands in developing countries. But a growing body of evidence shows that reliance on palm oil not only fails to reduce global warming, it increases it.