Question

1.Why does palm oil dominate the impact Market?..​

Answer 1

There are few viable alternatives to palm oil. Despite concerns about its sustainability, it is still cost effective and a major income source for developing countries.

In the 1940s, if a Briton hoped to include some butter or shortening in their diet they were subject to a strict set of government-imposed rations: two ounces of butter and four ounces of cooking fat per week per adult. Contrast that to today, where the products in high street supermarkets are full of cheap, mass-produced vegetable-based fats such as palm oil, soya bean oil and rapeseed oil. The most dominant of these fats is palm oil, with the WWF estimating that, from the biscuit to the soap aisle, 50% of packaged items in the grocery store now contain the ingredient.

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Answer 2

Answer:

The production of palm oil can result in land grabs, loss of livelihoods and social conflict, and human rights are often violated on plantations. The resulting conflicts have had a significant impact on the social welfare of many. ... Palm oil is one of the most profitable land uses in the tropics.