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Controversial palm oil project halted in Cameroon

2013-05-24 07:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: An American company has halted work on a controversial palm oil project in Cameroon due to opposition from local communities and environmentalists, reports Reuters. Herakles Capital, a U.S.-based investment firm, said it has stopped development of its 73,000-hectare oil palm planation and laid of 690 workers pending a government review of the 2009 deal that granted the land to the firm. The move came weeks after an order from the Forestry Ministry and a day after a joint report from Greenpeace...

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