Will forest conservation deal increase palm oil prices?

Bloomberg is reporting palm oil companies will be big winners should any forest conservation deal arise out of next week’s climate talks in Cancun, Mexico. The article quotes members of the palm oil industry, who argue that “any UN-led accord that restricts clearing rainforest for planting more palm trees would limit the supply of the edible oil crushed from their fruit and be a boon to prices for growers.” “It’s a...

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