Trade and resource extraction

• Palm oil producers


  Indonesia and Malaysia
• Palm oil began to gain popularity in the 90's due to it being a healthy alternative to trans fats
• Palm oil


  • Cheap
  • Grows fast
• Since palm oil grows fast it is requires less land to mass produce, so it is the best choice for mass production of oil
• Roughly 40% of deforestation between 2000 and 2018 was caused for palm oil plantations
• That's approximately 6 million acres of forest loss
• Burning down the forests

  Kills all the biodiversity and ecosystems, but also re-releases carbon emissions into the atmosphere which traps heat causing the earth's temperatures to rise contributing to climate change which can cause a domino effect of other environmental problems such as ice caps melting, and thermal expansion
• A roundtable on sustainable palm oil has been organized which aims to monitor, regulate, and set limits for production of palm oil
• This won't compensate for any previous damage, but from a long-term perspective, these regulations can help reduce and prevent any further environmental damage
• The mass production of palm oil for trade has created approximately 20,000 job opportunities for people in Indonesia, a newly industrialized country
• The work conditions on the farm are too harsh. Workers are paid low wages and work long intensive hours in the sun
• Having large number of workers is vital to the production process, since if there are no more workers there is no palm oil to trade
• The countries won't prioritize making the working conditions more ethical, or increase the wages because they care about the profit they make, so they prioritise their economic growth and economic status (they are a very important country in the trade industry since they produce one of the most sought out and demanded resources)
• Palm oil producers


  Indonesia and Malaysia
• Palm oil began to gain popularity in the 90's due to it being a healthy alternative to trans fats
• Palm oil


  • Cheap
  • Grows fast
• Since palm oil grows fast it is requires less land to mass produce, so it is the best choice for mass production of oil
• Roughly 40% of deforestation between 2000 and 2018 was caused for palm oil plantations
• That's approximately 6 million acres of forest loss
• Burning down the forests

  Kills all the biodiversity and ecosystems, but also re-releases carbon emissions into the atmosphere which traps heat causing the earth's temperatures to rise contributing to climate change which can cause a domino effect of other environmental problems such as ice caps melting, and thermal expansion
• A roundtable on sustainable palm oil has been organized which aims to monitor, regulate, and set limits for production of palm oil
• This won't compensate for any previous damage, but from a long-term perspective, these regulations can help reduce and prevent any further environmental damage
• The mass production of palm oil for trade has created approximately 20,000 job opportunities for people in Indonesia, a newly industrialized country
• The work conditions on the farm are too harsh. Workers are paid low wages and work long intensive hours in the sun
• Having large number of workers is vital to the production process, since if there are no more workers there is no palm oil to trade
• The countries won't prioritize making the working conditions more ethical, or increase the wages because they care about the profit they make, so they prioritise their economic growth and economic status (they are a very important country in the trade industry since they produce one of the most sought out and demanded resources)