Items Tagged With Climate Change

We launched a major new campaign taking on giant Agricultural companies ADM, Bunge, and Cargill for violating human rights and clearing rainforests to make way for massive soy and palm plantations. Clearing tropical rainforests for plantations, what we call agri-sprawl, generates more than 20 percent of global greenhouse gas emissions. This is the reason why Indonesia is the world’s third-largest source of greenhouse gas emissions, and Brazil is #4.

These agricultural companies trade at higher valuations (earnings multiples) but benefit from the same high prices of energy and global commodiites that are driving up the price of energy.  Higher commodity prices and demand mean more land is being put to work.  Since a dense rainforest holds more hydrocarbons (burnable substances), burning down the rainforest to build a farm relseases CO2.