Palm oil

Many issues are surrounding palm oil. This is my take:

1. Malaysia is the second largest exporter of palm oil next to Indonesia with plantation land ranging to about 4,5 Million hectars.
2. Palm oil is a good source of fat vital for nutrition and a good source of biofuel.
3. The production cost of palm oil is very low. This yields higher profits in comparison to other types of oil.
4. About 10% of our exports is palm oil. 
5. Plantations and refineries provide jobs for people and the profits made by palm oil could provide a great capital investment for the development of our country.
6. Thanks to the Human Model Development project initiated by our government, where there is a very high subsidy in higher education both domestic and abroad; There are now plenty of specialists in the job market that can provide more research, sales, and development. The more we head to the future, the less dependant we are to imported specialists. 
7. New land could be opened up thanks to agencies like FELDA. This allows the more effective use of land mass in Malaysia. 
8. Westeners say that palm oil consumes land, which is bad for the climate and the environment. But they never consider the fact that plam oil is the solution for the food vs. oil crisis, and has raised the standard of living for many people who lived in poverty. Would animal lovers rather protect a dying orangutan or a dying person? Which is more precious? That is the question I would like to ask them. 
9. The land used for palm oil is turned to agricultural land. Those are still plantations, which contributes to the climate. This is much better than building uncontrollable amounts factories, and nuclear power plants, like the westeners like to do.
10. Developments in the combustion engine will pave the way for cars or power plants that relies solely on biofuel. Biofuel has less emissions in comparison to fossil fuels. The supply is also unlimited because these fuels are planted, not drilled from a reserve.

Because of this, I see palm oil as a good investment. I may forsee a sharp hike in the price of palm oil:

•  when the supply of fossil fuel leads to dangerous levels 
•  the fossil fuel market may collapse due to a sudden occurance of catastrophical political instability

So, thats my take on palm oil. What do u think?