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EU environment committee clears path for momentous deforestation vote as palm oil prices stumble
date:Jan 19, 2023
The Committee on the Environment, Public Health and Food Safety of the European Parliament gave the green light to a new deforestation regulation, which aims to cut deforestation globally by not allowing the import of products from at-risk areas.

The vote which passed with 60 votes in favor, ten against and six abstentions will antagonize the leaders of Indonesia and Malaysia as the worlds largest palm oil exporting nations.

The Asian nations might avoid the EU market altogether and let the

12/22 00:01