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Palm Oil Warning for Indonesia
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solar2000
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25-Nov-2007 22:07
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Indonesia world's No. 3 greenhouse gas emitter - due to deforestation http://uk.reuters.com/article/latestCrisis/idUKJAK27070520070604 http://asia.news.yahoo.com/070323/kyodo/d8o23ef80.html http://www.ecoegg.org/shell/2007/07/12/indonesia-third-ranked-co2-emitter/ |
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solar2000
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25-Nov-2007 01:11
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As investors, we ought to play our part and perhaps learn some social/environmental responsibilities... If not now...when? |
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solar2000
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25-Nov-2007 01:09
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http://globalforestwatch.org/english/indonesia/forests.htm Indonesia is experiencing one of the highest rates of tropical forest loss in the world. Deforestation in Indonesia is largely the result of a corrupt political and economic system that regarded natural resources, especially forests, as a source of revenue to be exploited for political ends and personal gain. Illegal logging has reached epidemic proportions as a result of Indonesia?s chronic structural imbalance between legal wood supply and demand. More than 20 million hectares of forest have been cleared since 1985, but the majority of this land has not been put to productive alternative uses. The Indonesian Government is facing mounting pressure domestically and internationally to take action, but progress is slow and not all policy reforms in process are necessarily good news for forests. Pictures of Deforestation in Indonesia http://travel.mongabay.com/indonesia/Deforestation.html |
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solar2000
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25-Nov-2007 01:07
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Indonesia slash-and-burn deforestation may trigger ?climate bomb,? Greenpeace says November 8, 2007 (IHT) - Industry-driven deforestation in Indonesia could ?detonate a climate bomb? if not brought under control, the environmental group Greenpeace said Thursday. A report by Greenpeace, launched in Singapore, said the burning of Indonesia?s rainforests and peatlands to build palm oil plantations releases massive amounts of greenhouse gases into the atmosphere. Every year 1.8 billion tons of emissions are released by the practice, accounting for 4 percent of global emissions. ?Trade in palm oil by some of the world?s food giants and commodity traders is helping to detonate a climate bomb in Indonesia?s rainforests and peatlands,? the report said. ?Efforts to prevent dangerous climate change will not succeed unless this and other industries driving forest destruction are brought under control.? |
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178investors
Veteran |
23-Nov-2007 14:04
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Investors investing excessively in Indonesian Palm Oil businesses probably did not know they are contributing to the unhealthy haze that envelope Singapore every year. Read below for details. ==================================================================
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178investors
Veteran |
23-Nov-2007 12:08
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Today a quiet day because of thanksgiving in US so I also market rest and do readings instead. Ya! already read before how palm oil, corn ethanol, soya biofuels are contributing not only to warmer climate but also competing with human food chains. That's why meats and cooking oil prices are going higher, and no thanks to the high oil price either. A sustainable future system would have alternative fuels like solar, helium3, wind, geothermal, hydropower, jatropha, sugarcane, uranium. The main fuel sources today are coal, oil, gas and unlikely to see their use reduce even with increasing future use of alternatives. |
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solar2000
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23-Nov-2007 08:12
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Palm Oil Warning for Indonesia http://news.bbc.co.uk/1/hi/world/asia-pacific/7084306.stm How the Palm Oil Industry is cooking the climate http://www.greenpeace.org/international/press/reports/cooking-the-climate-full Lost in Palm Oil http://www.youtube.com/watch?v=58IELHXCym0 |
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