We’re hearing more and more about the palm oil industry’s destructive practices. But, as this Guardian story points out, “it takes money to make money,” and it’s important to look at the financing for large land acquisitions that lead to deforestation and expansive palm oil plantations. More here.
In Brazil, some ranchers are switching from cattle raising to palm oil cultivation, posing new threats to the Amazon rainforest, according to a new Datu Research/Environmental Defense Fund report. Story via Climate News Network.