Palms for the Future
CEO of MPOC This is an interview that was published by Calibre magazine. Calibre is a magazine that offers articles with topics on latest economic, social, business and lifestyle published by Public Mutual. In this interview, I share my thoughts on the Malaysian palm oil industry's issues such as the ongoing sustainability debate, nutrition and also some market insights | Click here to download the article | PDF (1.8 MB)

Environment Comment

by Dr Yusof Basiron on October 23, 2009

Mr Sean Whyte complained in the media as an NGO that the NGOs are doing a good job telling the truth about the manner that the oil palm industry is run. This is a good start and the role played by the NGO is most appreciated. As far as Malaysian oil palm industry is concerned, there are numerous laws in this country to protect the industry, environment and the people. NGOs are encouraged to report to the authorities of any wrong-doings, and culprits would be punished. If no report of wrong-doings can be submitted, then NGOs are simply acting as critiques spreading erroneous assumptions and “it was reported” type “facts” again and again. Let us have the complaints in the form of an official report, and the industry through its enforcement body such as the MPOB can response to the complaints. Thank you for your good intention.

Yusof Basiron CEO MPOC

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Fanned by media support, the anti-developing country environmentalists are desperately competing for the limelight by making outrageous statements hoping to impart maximum damage to the image of products exported from developing countries. The Friends of the Earth (FOE) was recently quoted as saying that “palm oil helps nobody” in their eagerness to campaign against the use of palm oil in Cadbury chocolates in New Zealand. Palm oil, exported mainly from Malaysia and Indonesia, is produced from legitimate agricultural lands just like competing soyabean or rapeseed oils. FOE is well aware that palm oil has helped farmers in Malaysia and Indonesia climb out of the poverty trap which has long been afflicting developing countries. With oil palm as their main crop, farmers in Malaysia and Indonesia are earning US $20 per day presently as compared to US$ 2 per day 30 years ago when oil palm was not a major crop. Campaigning against the produce of developing country farmers by some developed country NGOs is considered plain unethical as these farmers and plantation workers want to have a better life just like their counterparts in developed nations. Read the full article →

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Palm oil is a champion crop in environmental sustainability

The proposed Copenhagen Climate Change Summit in December 2009 has generated intense interests from the EU and USA to advance their initiatives on reducing carbon emission to fight global warming and climate change. The EU which is hosting the summit is expected to aim for a successful adoption of an international emission mitigation agreement. However, as there are still many issues to be resolved in order to agree to a common position, the NGOs are expected to intensify their lobbying efforts on policy-makers to keep up the pace of negotiations.

In the run-up to the December event, stakeholders should watch closely the arguments that will dominate the debate. The focus will be on the position of individual countries regarding the amount of green house gas(GHG) that they emit to the atmosphere. If a country is a net emitter of GHG, it will be labeled as a “carbon source”. If it is a net sequester of GHG it will be regarded as a “carbon sink” . The largest source of GHG responsible for the increase in carbon dioxide (CO2) in the atmosphere over the last 100 years is mainly attributed to fossil fuel, which is reported to be responsible for up to 80 % of total increase in global emissions. Global warming, when linked to carbon dioxide emission should be attributed to this fossil source. The developed countries, which emit a high per capita CO2, will likely point fingers at countries with large population base like China and India, therefore denying their role in increasing global emissions. Read the full article →

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Palm Oil Exploited to Fuel Culture of Lies

by Dr Yusof Basiron on May 15, 2009

The UK Independent newspaper has recently published a report to reveal the presence of the ever popular palm oil in food products in the country. The report does not reveal anything new. It has always been known that palm oil is widely used in numerous food products that we use or consume everyday . In fact, credit should be given to the UK for promoting the use of palm oil in food products since the beginning of the 20th century because the British were among the early pioneers to cultivate oil palm in the Far East and import palm oil to supplement the chronic shortages of oils and fats in the country.

What is new in the report is the vengeance with which the Independent took it upon itself to demonise palm oil with the accusation that this ever popular palm oil causes “catastrophic impact on the wild life of Malaysia …”,”…whose rainforests are being cleared to grow the crop”. Many other unfounded statements taken without close scrutiny for accuracy from NGOs environmental campaign reports are used by the Independent to justify its call on the food industry to stop using palm oil. Read the full article →

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De-linking NGOs Concerns Over Deforestation and Palm Oil

by Dr Yusof Basiron on April 24, 2009

1. A few years ago when oils and fats were cheaper than petroleum, the EU and USA rushed to promote the use of biofuels for various reasons. One not-so-frankly-revealed reason was that oilseed farmers will benefit from the new market outlets and the increase in prices. The governments also benefited from this strategy because agricultural subsidies would be reduced if prices of soyabean and rapeseed were high and price support subsidies would not be needed. In addition, it makes good political statements to say that biodiesel will help reduce global warming through reduced green house gas emissions, and also enable the countries to be less dependent on imported petroleum fuels.

2. Diverting a major portion of rapeseed and soya oil supply and stocks for biodiesel did result in increasing prices which benefited the EU and US farmers tremendously between 2004 and the middle of 2008. During this time, it became obvious that palm oil was a potentially good raw material to participate in the biodiesel industries in both the EU and USA as it is generally cheaper than soyabean or rapeseed oil. This resulted in increasing concern amongst the EU biodiesel lobbies who are integrated with the rapeseed industry over the potential competion from palm oil and they tried to prevent it from being imported for biodiesel production and use in the EU. This was also to ensure that biodiesel subsidies are not shared with competing imported oils.

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