ECONOMY

Land Grab Behind Palm Oil Industry

According to Joko, the European Union Parliament resolution only applies to palm oil. Despite this, there are many types of vegetable oil in Europe, which also contributes to deforestation.

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Boosting 35,000 MW Program

The Energy and Mineral Resources Minister has reported that the 35,000 MW power plant development program has operated power plants with 743 MW capacity until April 2017.

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Mahakam Block Returning to Foreign Investors

The Minister of Energy and Mineral Resources, Ignasius Jonan, has announced his plan to offer Total E&P Indonesie and Inpex Corporation participating interest in the Mahakam Block up to 39 percent, igniting criticism from a number of parties.

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Europe Making Up Excuses to Ban Indonesian Palm Oil

The palm oil trade war between Indonesia and Europe continues with the European Parliament voting on a resolution that Indonesian palm oil are highly related to human rights issues, corruption, child labor and abuse against the rights of customary communities. Europe has also emphasized that Indonesia’s palm oil is causing major deforestation.

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