WHAT ARE THE PROS AND CONS OF GROWING PALM OIL?
WHAT ARE THE PROS AND CONS OF GROWING PALM OIL? Did the Philippines stop planting oil palm? That seems to be the popular perception, but it is not entirely accurate. Oil palm plantations still exist, particularly in Mindanao, but it is fair to say that the industry's growth has been slower than many had hoped. The question now is not whether we stopped planting palm oil. The real question is whether we should prioritize it. I believe that we should seriously consider doing so, especially if we are sincere about achieving energy security and reducing our dependence on imported fossil fuels. Palm oil is one of the world's most productive oil crops. While coconut typically produces less than one ton of oil per hectare, oil palm can produce four to six times more. That productivity explains why neighboring countries have embraced it. Take Indonesia as an example. By July 2026, it is implementing its B50 biodiesel program, blending 50 percent palm-based fuel with diesel. The Indones...