Summary of Why Palm Oil Is So Cheap

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The video explains that palm oil is cheap because it is a major contributor to deforestation. Palm oil companies have limited leverage to make sure their production is deforestation-free, and the challenges of implementing zero deforestation make it difficult to achieve.

  • 00:00:00 Palm oil is cheap and ubiquitous, and is used in thousands of everyday products. It's controversial because huge areas of rainforest have been cut down to make way for palm plantations, and the demand for palm oil is increasing. However, there are environmental problems with palm oil production, and it's difficult to find an alternative oil that is as efficient.
  • 00:05:00 The narrator explains that palm oil is cheap because it is a major contributor to deforestation. Palm oil companies have limited leverage to make sure their production is deforestation-free, and the challenges of implementing zero deforestation make it difficult to achieve.

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