The new blessings of climate change for the palm oil industry.
Climate change mitigation measures are bringing surprising new opportunities and benefits to the palm oil industry – strengthening the bottom line and nudging it towards a more positive image.
Although climate change supporters continue to highlight the shortcomings regarding practices of the palm oil industry this has not deterred the world demand for palm oil from growing. Ironically today it is the same “climate change” call, that has surprisingly turned the industry into a beacon of hope. Among a barrage of measures climate change is driving, one is for traditional fuels to be replaced, at least partially, by biofuels as a source of clean energy to reduce carbon emissions. And it is this growing world demand for biofuels that has today made the world realise that the palm oil industry is not all bad news. Nay, it may well hold an important key to combat global warming. Continue reading “Surprise blessings from Climate Change challenges – for the image of, and new opportunities for, the Palm Oil industry”