09 Nov '11, 7pm

Malaysia to spend $7.7M to defend palm oil from criticism via @mongabay

Malaysia to spend $7.7M to defend palm oil from criticism mongabay.com November 09, 2011 The Malaysian government will spend 24 million ringgit ($7.7 million) in 2011 and 2012 to counter criticism over the social and environmental impact of palm oil, reports ANTARA . Deputy Minister for Plantation Industries and Commodities Datuk Hamzah Zainuddin said Malaysia would "promote the advantages" of palm oil relative to other alternatives. He added that conversion of rainforests for oil palm plantations "is not damaging the environment," citing Malaysia's current forest cover as proof. "In Malaysia, the total land area covered by forests is 56.4 per cent," he said. Malaysia is the world's second largest producer of palm oil after Indonesia. It has roughly 4.5 million hectares of oil palm plantations. Malaysia aims to increase production over the next decade by improving producti...

Full article: http://news.mongabay.com/2011/1109-malaysia_palm_oil_mark...

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