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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

The global market for palm oil, valued at more than $70 billion last year, is experiencing steady growth, driven by its use in products as varied as food, beverages, biofuels, and cosmetics. We passed abandoned farms, cattle pastures, and stray dogs, but not much forest.