Indonesia’s biofuel subsidies may speed up forest loss
The South-East Asia & Pacific Desk of SciDev.Net published an article on Indonesia's palm oil industry and its consequences for forestry in the country. The main arguments include:
Current palm oil and biofuel subsidies dwarf REDD+ (Reducing Emissions from Deforestation and Forest Degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries) and forest protection payments
More subsidies to biofuel will expand palm oil plantations in Indonesian forests
The subsidy is also an economic tool for control of palm oil volume and price
For a full read, please access SciDev.Net's website here.
Copyright: Chris Stowers / Panos