Team:Manchester/EconomyPart2

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                   <a href="https://2013.igem.org/Team:Manchester/economytest3"> Go to <i>Will Business Ever Be The Same For Oil Palm Growers?</i> </a>
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                   <a href="https://2013.igem.org/Team:Manchester/EconomyPart3"> Go to <i>Will Business Ever Be The Same For Oil Palm Growers?</i> </a>
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                     <a href="https://2013.igem.org/Team:Manchester/HumanPracticetest">HUMAN PRACTICES</a>
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                     <a href="https://2013.igem.org/Team:Manchester/HumanPractices">HUMAN PRACTICES</a>
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                     <a href="https://2013.igem.org/Team:Manchester/outreachtest">PUBLIC OUTREACH</a>
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                     <a href="https://2013.igem.org/Team:Manchester/Outreach">PUBLIC OUTREACH</a>
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                     <a href="https://2013.igem.org/Team:Manchester/stars">SCIENCE STARS</a>
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                     <a href="https://2013.igem.org/Team:Manchester/Stars">SCIENCE STARS</a>
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                     <a href="https://2013.igem.org/Team:Manchester/openday">OPEN DAY</a>
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                     <a href="https://2013.igem.org/Team:Manchester/OpenDay">OPEN DAY</a>
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                     <a href="https://2013.igem.org/Team:Manchester/ethicstest">ETHICS</a>
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                     <a href="https://2013.igem.org/Team:Manchester/Ethics">ETHICS</a>
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                     <a href="https://2013.igem.org/Team:Manchester/environmenttest">ENVIRONMENTAL IMPACT</a>
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                     <a href="https://2013.igem.org/Team:Manchester/EnvironmentPart1">ENVIRONMENTAL IMPACT</a>
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                     <a href="https://2013.igem.org/Team:Manchester/economytest">ECONOMIC IMPACT</a>
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                     <a href="https://2013.igem.org/Team:Manchester/EconomyPart1">ECONOMIC IMPACT</a>
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                     <a href="https://2013.igem.org/Team:Manchester/managementtest">IMPACT MANAGEMENT</a>
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                     <a href="https://2013.igem.org/Team:Manchester/ManagementPart1">IMPACT MANAGEMENT</a>
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                     <a href="https://2013.igem.org/Team:Manchester/conclusiontest">CONCLUSION</a>
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                     <a href="https://2013.igem.org/Team:Manchester/Conclusion">CONCLUSION</a>
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                     <a href="https://2013.igem.org/Team:Manchester/businesstest">BUSINESS PLAN</a>
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                     <a href="https://2013.igem.org/Team:Manchester/Collaboration">MODELLING COLLABORATION</a>
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                     <a href="https://2013.igem.org/Team:Manchester/knoledgetest">KNOWLEDGE DEFICIT ASSUMPTION</a>
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                     <a href="https://2013.igem.org/Team:Manchester/KnowledgeDeficit">KNOWLEDGE DEFICIT ASSUMPTION</a>
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                     <a href="https://2013.igem.org/Team:Manchester/conferencetest">CONFERENCES AND DISCUSSIONS</a>
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                     <a href="https://2013.igem.org/Team:Manchester/Conferences">CONFERENCES AND DISCUSSIONS</a>
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                     <a href="https://2013.igem.org/Team:Manchester/socialtest">SOCIAL MEDIA</a>
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                     <a href="https://2013.igem.org/Team:Manchester/SocialMedia">SOCIAL MEDIA</a>
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                     <a href="https://2013.igem.org/Team:Manchester/economytest">An Economist's Point Of View
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                     <a href="https://2013.igem.org/Team:Manchester/EconomyPart1">An Economist's Point Of View</a>
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                     <a href="https://2013.igem.org/Team:Manchester/economytest2">Synthetic Palm Oil Is Not All Good News</a>
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                     <a href="https://2013.igem.org/Team:Manchester/EconomyPart2">Synthetic Palm Oil Is Not All Good News
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                     <a href="https://2013.igem.org/Team:Manchester/economytest3">Will Business Ever Be The Same For Oil Palm Growers?</a>
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                     <a href="https://2013.igem.org/Team:Manchester/economytest4">Palm Oil Is Not The Only Industry That Will Be Impacted
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                     <a href="https://2013.igem.org/Team:Manchester/EconomyPart4">Palm Oil Is Not The Only Industry That Will Be Impacted
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Revision as of 18:18, 3 October 2013

page

Top

Safety

When doing the initial research for our synthetic alternative to palm oil components, we quickly came across lots of information regarding the current palm oil industry. It soon became apparent that the economies of some countries, for example Indonesia and Malaysia, depend almost entirely upon the current methods of palm oil production. Therefore we compiled a detailed impact analysis report for synthetic palm oil, which can be found by clicking on the button to the right.

Synthetic Palm Oil Is Not All Good News

Our project has the potential to cause detrimental economic effects to those individuals who rely on the naturally grown palm oil for contributing to household income.


  • The palm oil industries in Malaysia and Indonesia are of great significance. In Malaysia alone 25.24billion USD was gained through the exporting of palm oil and related products to foreign countries in 2011[1]

  • The palm oil industry and its subsidiaries provide considerable amounts of employment in Malaysia and Indonesia. In Malaysia for instance 2.26 million people are involved, either directly or indirectly, in the palm oil industry[2]. A further 14 million individuals are involved with this industry in Indonesia[3].


With the introduction of a synthetic alternative to organic palm oil, we fear that there will be no need for plantations in Malaysia and Indonesia to go on existing and producing palm oil. Thus, potentially, forcing millions into unemployment.

References
[1] Butler, R. (2006) ‘Why is oil palm replacing tropical rainforests? Why are biofuels fuelling deforestation?’ Mongabay. April 25th
[2] Rainforest Rescue. Facts about palm oil and rainforests
[3] Thomas, j. (2013) 'Synthetic anti-malarial compound is bad news for artemisia farmers' The Guardian. April 12th
[4] Photo © World Bank Photo Collection

HUMAN PRACTICES
PUBLIC OUTREACH
SCIENCE STARS
OPEN DAY
ETHICS
ENVIRONMENTAL IMPACT
ECONOMIC IMPACT
IMPACT MANAGEMENT
CONCLUSION
MODELLING COLLABORATION
KNOWLEDGE DEFICIT ASSUMPTION
CONFERENCES AND DISCUSSIONS
SOCIAL MEDIA
An Economist's Point Of View
Synthetic Palm Oil Is Not All Good News
Will Business Ever Be The Same For Oil Palm Growers?
Palm Oil Is Not The Only Industry That Will Be Impacted

Retrieved from "http://2013.igem.org/Team:Manchester/EconomyPart2"