'Nutella Tax' Could Raise Price Of Chocolate-Hazelnut Spread In France
date:Nov 13, 2012



A big new tax on palm oil being debated in France's National Assembly this week is striking fear into the heart of a group that, until recently, didn't even know it had any political significance whatsoever: Nutella fans.

The bill, which has already been approved by a French Senate commission, would increase taxes on palm oil by 300 percent. The lawmakers argue that palm oil, which is high in saturated fats, poses a threat to public health. The production of palm oil in Southeast Asia also b
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