Palm oil boycott backfired on EU, says environmentalist

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A British environmentalist says an EU boycott led to exports from other countries with a worse record.KUALA LUMPUR: The European Union’s efforts to boycott palm oil from Malaysia and Indonesia has backfired, leading to greater deforestation in other countries instead, says a British Islamic environmentalist, Fazlun Khalid. In an EU policy opinion column, Fazlun said the EU had conceded that its previous approach to stopping deforestation due to palm oil was unlikely to work, according to Bernama. He said an EU paper had concluded that it was more effective and less costly if Malaysia and Indonesia implemented a moratorium on deforestation. “This is because a palm oil boycott tends to simply switch demand to less efficient vegetable oils which use up more land, potentially driving greater rates of deforestation,” said Fazlun. Fazlun KhalidFazlun, who is the founder of an Islamic en…