Thursday, March 30, 2017

Bank of England considers palm oil for £20 polymer notes

Source: http://ift.tt/2nDDBeZ
March 30, 2017 at 07:48PM

Switching from animal fat derivative may prove tricky as WWF issues caution over deforestation and environmental impact of palm oil plantations

The Bank of England is considering plans to replace the animal fat in its polymer bank notesto assuage complaints from vegans and religious groups.

The Bank, however, risks running straight into another row, because the most practical alternative to animal fat, it says, is palm oil – and that is likely to spark protests from environmentalists unless it can be sustainably sourced.

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