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A palm oil company, a group of U.S. venture capitalists, and the destruction of Peru’s rainforest

Food Environment and Reporting Network

To make way for those industrial fields of palm trees, some 30,000 acres of rainforest were cut down, a swath of destruction that one Indigenous leader called an act of “eco-genocide.” He marveled at the efficiency of the African oil palm, which can produce five times as much edible oil per acre as corn or soy.