Catherine Clifford of CNBC reports on a palm oil alternative.
- Palm oil is in nearly half of the processed foods in American grocery stores and its harvesting methods are a major contributor to global deforestation.
- C16 Biosciences has created a palm oil alternative using a wild type yeast microbe.
- C16’s oil contains the same fatty acids as palm oil which make it a suitable environmentally-friendly replacement that can be used in beauty and food products.
- Private sector innovators are accelerating climate progress.
Read the full article here.