Palm oil greasing the skids out of poverty

[audio\”][/audio] A campaign is growing to pressure food companies and consumers into boycotting palm oil because of its alleged environmental impacts. But according to a new report by the non-profit group, World Growth, palm oil is a highly efficient source of food and fuel, and is a good way to produce fossil fuel alternatives and capture carbon from the atmosphere. Indeed, palm oil now accounts for nearly 1/3 of all the edible vegetable oil produced in the world, and nearly 60% of vegetable oil exports.  Since it is produced in tropical climates and has become a staple food in countries like Malaysia and Indonesia, palm oil could well be greasing the skids for many of the world’s poor to have a path out of grinding poverty.


About the Author: CFACT

CFACT defends the environment and human welfare through facts, news, and analysis.