Malaysia Rapidly Destroying Forests for Palm Oil

Reuters reports Malaysia is rapidly destroying forests for palm oil. Per the article:"Unless this trend is halted, none of these forests will be left at the end of this decade," said the report released on Tuesday.. and.."In just 5 years time, almost 10 percent of all Sarawak's forests and 33 percent of the peatswamp forests have been cleared. Of this, 65 percent was for palm oil conversion". ....Palm oil firms in Malaysia and Indonesia are under increasing pressure by major Western buyers to halt expansion through forest clearance. But India and China remain top buyers of the oil for cooking, biscuits, cosmetics and biofuels. Malaysia produces about 45 percent of the world's palm oil. See the full article here.