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Higher prices for sustainable palm oil could save endangered species (University of East Anglia)

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(Source: University of East Anglia) Higher supermarket prices for eco-friendly palm oil could help save endangered species - according to University of East Anglia (UEA) research. Palm oil is used by the food industry as a cheap substitute for butter. But the conversion of tropical forests to oil palm plantations has had a devastating impact on a huge number of plant and animal species including tigers, elephants, rhinos and orang-utans. New research published today reveals that a willingness among consumers to pay more for sustainably-grown palm oil would incentivise producers to engage with conservation projects. Lead researcher Prof Ian Bateman, from UEA's School of Environmental...

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