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Nordic energy giant launches 'no deforestation' policy

2013-04-08 01:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Neste Oil, a Finnish energy giant, has announced a new "no deforestation" policy [PDF] for sourcing palm oil. The company, which is one of the world's largest buyers of palm oil, had faced criticism from environmentalists for purchasing palm oil potentially linked to rainforest and peatland destruction in southeast Asia. Under the new policy, Neste will not buy oil from plantations that clear rainforests, peat swamps, or protected lands. It will also not source from areas that were converted from...

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