Indonesia to Fine Palm Oil Companies $310 Million for Destroying Forests

EcoWatch
By Cristen Hemingway JaynesDec 22, 2023, 4:34 pm202 pts
On Friday, Indonesia said palm oil companies operating inside forested areas would be fined a total of $310 million, reported Reuters. Indonesia and Malaysia are responsible for most of the world’s palm oil production — 85 percent — a major driver of deforestation, the Yale Center for Business and the…

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