Anti-palm oil campaigns are not telling you this, let us think it through
The $60 billion global trade in palm oil has come under criticism from environmentalists because huge areas of tropical rainforest are cleared to grow it. The European Union passed a law in 2019 to phase out the use of palm oil for renewable fuels by 2030 over concerns about deforestation. Malaysia, which along with neighbouring Indonesia has about 85% of the world’s palm oil production, is considering a law that would ban all products that indicate the oil is used. Malaysia has also launched an international PR and lobbying offensive to protect the reputation of its most important export.