Energy in Singapore - Palm Oil

Palm Oil

The biggest palm oil based diesel plant in the world, 800,000 t/a production, started in Singapore in the end of 2010 by Neste Oil from Finland. Plant needs annually almost a million tonnes oil palm Elaeis guineensis raw material equivalent to 2,600–3,400 km2 oil palm plantation. Greenpeace demonstrated in November 2010 in Espoo Finland by hanging an orangutan puppet in front of Neste Oil since they accused that Neste Oil endangers rainforest ecosystem. According to UNEP majority of new palm oil plantases take place in the rainforest. According to European Union studies the increased demand of palm oil inevitably direct to new plantases in the forests and peat land areas. Land use changes have large green house gas emissions making palm oil diesel much more harmful than petroleum in respect to global warming. According to Greenpeace Neste Oil plant in Singapore brought Finnish Neste Oil among leading palm oil consumers and in the forward troops of rain forest destruction.

Reducing emissions from deforestation and forest degradation (REDD) would be a way to mitigate climate change. According to UNEP the international REDD mechanism will be a key element of the post-2012 international climate change regime.

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