Palm oil is still driving massive deforestation of rain forests. That releases lots of greenhouse gas, and will cause extinction of many species. The producers have succeeded in defying public pressure to stop deforestation.

The EU does wrong in permitting use of palm oil in fuel for vehicles. Burning oils produced by agriculture, with agricultural inputs, is no better than burning fossil oil. What would be better is oil made by microbes that don't need much input, or made from agricultural waste.