Felda’s CEO says EU’s anti-palm oil stance is a cover for protecting rapeseed

December 25, 2017 |

In Malaysia, the Star newspaper reports the CEO of Felda saying the European Union is using a potential ban on palm oil for biodiesel by 2021 to protect its own oilseed crops rather than as a way to reduce deforestation, otherwise it would not be importing 70% of the country’s annual timber exports. He says the sustainability program for timber is well recognized so the country’s palm oil sustainability standards should be respected as well.

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Category: Fuels

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