1) Pristine rainforest is being bulldozed to make room for palm plantations
2) Workers are often mistreated
3) Palm oil (and other vegetable oils) are a possible cause of the obesity epidemic
There was an excellent and detailed article a couple of years in The Guardian (usually a bit too woke for me, but in the case of this article they were very pragmatic rather than idealistic).
Basically the issue is that the oil palm is exceptionally efficient at photosynthesis "...and yields five times as much oil per acre as rapeseed, almost six times as much as sunflower and more than eight times as much as soybeans. Boycotts of palm oil will only lead to its replacement by other crops needing far more farmland and likely more deforestation..."
A solution needs to be demand-driven: FMCG companies need to figure out ways to reduce the use without consumers asking why their biscuits are no longer crunchy, shampoos not longer foamy etc.
Proper regulation and enforcement on the companies is what's needed.
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