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Essay heading: Oil for food or fuel
 
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Issue: Business
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Date added: July 18, 2002
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No of pages / words: 2 / 451
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Indonesia has overtaken Malaysia as the largest oil palm producing country and has reported to the Indonesian Forest Ministry and EU states that to meet worldwide demand for palm oil which is going to double by 2020, they will need to increase plantations a great deal which will end up in wetlands since other areas are already occupied...
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These expansion plans are largely in part to the demand for biofuel in rich nation. Early last year, the European Union endorsed that by 2020 a minimum target for biofuel to make up at least 10% of its transport fuels. Fuel and food are two things we must utilize in our everyday life no matter where we come from...
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