Profit Trumps People and Planet in Brazil’s Eucalyptus Industry

Valued for its termite-resistant wood for building purposes, pulp to create products like writing and toilet paper, and its oil, which has numerous health and household benefits, the eucalyptus tree generates big business worldwide. Native to Australia and Tasmania, the prehistoric tree has been planted in such volumes that eucalyptus plantations cover some 25 million hectares around the globe—larger than the entire land area of the United Kingdom. By 2028, according to forecasts, the global eucalyptus oil market is projected to exceed $213 million, while the worldwide market for eucalyptus pulp will expand to nearly $17 billion. But the eucalyptus industry has a dark … Continue reading Profit Trumps People and Planet in Brazil’s Eucalyptus Industry