Post by Deleted on Nov 8, 2012 19:36:39 GMT
This has been a controversial product for a while already, and I know that there are a number of French products (usually in the biscuit aisle) that proclaim on the label "made without palm oil."
But just about all cookies contain palm oil, as well as a number of other products. It's in the news in France again, because the Senate just voted to increase the tax on palm oil by 300%. As to whether this will really happen, that will be up to the National Assembly to go along with the idea or not.
Interestingly enough, the code name of this idea is "the Nutella law" since Nutella is loaded with palm oil. The experts are quick to point out that palm oil is not really oil at all, but "grease." That already makes it sound less appetizing, doesn't it?
Do any other countries worry about palm oil?
It should be pointed out that even with a 300% increase in the tax, the price of a jar of Nutella would only go up something like 6 cents if the maker passes the increase totally to the consumer.
But just about all cookies contain palm oil, as well as a number of other products. It's in the news in France again, because the Senate just voted to increase the tax on palm oil by 300%. As to whether this will really happen, that will be up to the National Assembly to go along with the idea or not.
Interestingly enough, the code name of this idea is "the Nutella law" since Nutella is loaded with palm oil. The experts are quick to point out that palm oil is not really oil at all, but "grease." That already makes it sound less appetizing, doesn't it?
Do any other countries worry about palm oil?
It should be pointed out that even with a 300% increase in the tax, the price of a jar of Nutella would only go up something like 6 cents if the maker passes the increase totally to the consumer.
