Tag Archives | palm

Greenpeace protests against Neste’s palm biofuel plans

Greenpeace is objecting to Neste’s plans to become the world’s largest consumer of plam oil as it ramps up biofuels production, according to a report on ICIS news. Disclosure (I work for ICIS. About ICIS) Neste disputes the pressure group’s claims that it will have an impact on  the level of deforestation in South East […]

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The Malaysian Minster of Plantation Indusries on sustainability

The Malaysian Minister of Plantation Industries spoke exclusively to the World Refinning Association ahead of the Asian Biofuels Roundtable to be held in Malaysia at 23-25 March. It is interesting that there is no discussion of prior informed consent of the people who live in the land and who may not be farmers. He is […]

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Journal of Conservation Biology slams palm oil plantations

According to a report on the BBC today, the Journal of Conservation Biology says that palm oil plantations are bad for biodiversity in countries such as Indonesia and Malaysia. It takes a higher degree, a research grant and the whole peer-review process to decided that planting one species where there were many hundreds reduces biodiversity… […]

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Saving forest is beyond the power of Indonesia’s government

Saving forest is beyond the power of Indonesia’s government, according to a report in the Jakarta Post. Here’s the extract Agriculture Minister AntonApriyantono on Tuesday defended Indonesia’s drive to expand oil palmplantations, despite a demand by environmentalists for a moratorium ondeforestation. Speaking in his keynote address at the opening of the sixth annualmeeting of the […]

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Pertamina launches biodisel in Indonesia

Palm oil biodiesel is being sold to industry by Pertamina, Indonesia’s state oil company, says Planet Ark. There is no comment about sustainabilty, or biodiversity. Indonesia sees this as one move to reduce dependency on foreign oil.

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ICIS has broadened the scope of its biofuel price reports.

ICIS has broadened the scope of its biofuel price reports. In Europe, adding to the comprehensive biodiesel coverage of rapeseed methyl ester (RME) and fatty acid methyl ester (FAME -5 & -0 CFPP), the report will now also reflect biodiesel (methyl ester) prices of palm-based methyl ester (PME CIF ARA T2) soya-based methyl ester (SME […]

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EU Parliament’s decison to change its biofuel approach worries Malaysians

The European Parliament’s decision to change its approach to biofuels has worried the Malaysian government, accroding to a report in Bernama.com.The Euroepan parliament decided on 11 September that there would be a binding 5% quota on the use of biofuels across Europe by 2015 but that there should be less emphasis on palm oil, soya […]

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Are biofuels causing food price rises? Gallagher’s answer

The Gallagher Review into biofuels has a view on how the diversion of food into biofuel crops affects prices but its not clear. Partly that’s because it’s economics (if predicting the weather is hard, why do economists try to produce simple models when meteorologists don’t? )Gallagher says that the apparent impact of biofuels on food prices […]

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The FT has noticed that there’s a link between oil and palm oil prices

The FT has noticed that there’s a link between oil and palm oil prices in a piece in today’s edition. In as much of the article that the paper is making free, they say: The prospect of crude oil staying above $100 a barrel is pushing the price of palm oil to record highs as […]

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Asian Biodiesel production economics

Asian Biodiesel production economics are likely to remain tight in 2008 unless the local governments decide to start subsidising their production, according to an article by my colleague Anu Agarwal, writing in ICIS News. (Disclosure: I work for ICIS: About ICIS) Anu’s piece is interesting because it implies that there is so much demand for […]

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