Green Groups Get a Big Win in the Palm Oil WarsBy
Green groups notched a big win yesterday in the climate-change wars. For years, environmentalists have been trying to shame multinationals from using palm oil grown on land in Indonesia and Malaysia that had been rain forest. Palm oil is a cooking oil popular in developing countries, such as India, and it’s a major ingredient in processed foods consumed in developed economies. In the European Union, palm oil accounts for 25 percent of edible oil consumption.
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