France's Senate has approved a bill that would increase taxes on palm oil by 300 percent, according to FranceTVInfo.
They're calling it the "Nutella amendment." Nutella is more than a quarter palm oil.
The tax is designed to force agricultural producers to substitute that oil, which is quite fatty and whose production harms the environment, with something healthier.
But perhaps needless to say, the bill has not gone over well among the French.
Source: Business Insider. Read full article. (link)