Published on August 6th, 2008
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Malaysia and Indonesia decided this week to convert surpluses of edible palm oil into biodiesel fuel.
Currently, the two southeast Asian countries grow about 85% of the world’s palm oil and control 88% of all palm oil exports. But amid stalled plans for more production plants and a slowing demand for palm oil, the countries are beginning to worry.
The proposal to turn so much food to fuel comes as an attempt to increase demand for palm biodiesel and drive up prices. In 2007, palm oil biodiesel prices made a dizzying 80% jump to over $944 per tonne. However, when prices hit today’s price of $871 per tonne lags just below prices seven months ago.
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Published on April 21st, 2008
Following are the top international environmental news for during the week of April 13 - 20. See an archive of top international environmental news here.
Asia
Two “Extinct” Species Discovered
First there was Swinshoe’s softshell turtle, and then the Javan Elephant. Is this more commonplace than we might believe?
Frankly, no. Despite the occasional hubbub over an animal science has lost track of– say, the Coelacanth– we’ve witnessed something extraordinary. Swinshoe’s turtle was previously believed to be extinct in the wild, with only three remaining in captivity, and therefore every one of these 300-pound turtles is a critical find.
Continue reading: Environmental Graffiti. Hot in media: Stumble Upon.
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Published on March 30th, 2008
The top 10 headlines in international environmental news for the week of March 24 - 30.
1. World — Earth Hour 2008
As the clock struck eight in the evening, people across each time zone turned off their lights on March 29. It’s activism en mass and it’s called Earth Hour. The purpose: to inspire people to take action on climate change and to demonstrate that massive and immediate action is possible.
Earth Hour began as a city-wide voluntary blackout in Sydney, Australia, in 2007. This year, they’ve moved the date ahead two days and invited the world to join in. Even Google’s joined in. People from roughly 35 countries participated in this global event, which has become a yearly call to action. Read more: EcoWorldy, CNN.
2. Asia — Japanese Man Crosses Pacific with Wave-Powered Boat
A Japanese man named Kenichi Horie is attempting to be environmentally friendly by boating across the Pacific without sails and without fossil fuels.
How does he do it? With a wave-powered boat. Wave power has been discussed quite a bit recently, with a lot of applications including traditional grid energy generation. However, Kenichi is taking things to the next level by powering his ocean going vehicle with the very thing it bobs atop. Read more: Gas 2.0.
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Published on January 15th, 2008
Some environmentalists see palm oil, which makes up about one third of all vegetable oil, as a biodiesel blessing. Others blame palm biodiesel for deforestation and species extinction. The pros and cons make biodiesel one of the hottest environmental topics in Southeast Asia, where oil palms grow.
Together, the Southeast Asian countries of Indonesia and Malaysia control about 85% of the world’s crude palm oil market. In Indonesia, the biodiesel industry employs 1.5 million people and Malaysia has already approved 91 new biodiesel plants. Currently, about 30% of Malaysia’s total oil production is biodiesel from palm oil.
The pros of palm oil for use in biodiesel have drawn interest from the international business community. Finnish biodiesel mogul, Neste Oil, is working on opening the world’s largest biodiesel plant in Singapore using a palm oil feedstock. The plant is set to go online in 2009 with a production capacity of 800,000 metric tons per year of biodiesel–16,000 barrels, in oil terms. Neste is followed by many other companies, including Australian Mission Biofuels, which opened a new Malaysian plant in December and will produce 100,000 tons a year.
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