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Palm oil firm pays 'precedent-setting' fine for unauthorized land-clearing in Indonesia

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#1 Game Warden

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Posted 24 February 2012 - 01:56 AM

Reports news.mongabay.com.

A subsidiary of agribusiness giant Cargill has paid a $1 million fine for clearing land for oil palm outside its concession, a move that could serve as an important example for palm oil developers operating in Indonesia, according to Greenomics-Indonesia, a Jakarta-based environmental group.

To read the full article click here.

A million dollars is little more than a slap on the wrist for an "agribusiness giant" and will only lead to more companies flouting the law if their huge profits can cover such a fine, surely?

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#2 Pangolin


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Posted 24 February 2012 - 02:51 AM

First thing I thought was $1m only?

How about 100?
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#3 Atravelynn


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Posted 24 February 2012 - 03:18 AM

My thoughts exactly Pangolin. More of a fee for business than a deterring fine.
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#4 Bugs


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Posted 24 February 2012 - 05:00 AM

How do you put a price on something that is priceless.

Palm oil is a very sore point to me. We have to use nearly 200 tons a month. Fortunately in South Africa - all palm oil is RSPO.

I wonder how many people know if the palm products they buy are RSPO. - nice little video to watch.

There's none so blind as those who will not see.

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