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Leaked Report: Biofuels are Prime Cause of Food Crisis »

Posted By Neophile 3 months, 2 weeks ago in Style
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Biofuels have forced global food prices up by 75% -- far more than previously estimated -- according to a confidential World Bank report obtained by the Guardian. The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financial body.

Read Full Story at guardian.co.uk »

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    quackpot3 months, 2 weeks ago

    The Corn-to-ethanol program that has been championed by Big Agriculture and the Corn-state politicians needs to be re-evaluated NOW.

    Unfortunately, there are far too many campaign contributions from Agribusiness and far too much lobbyist pressure from agribusiness for this to happen.

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      libsRfunny3 months, 2 weeks ago

      Hey, welcome back, Quackpot!

      The Ethanol BS is a perfect example of a knee-jerk reaction leading to incredibly harmful unintended consequences.

      The farm lobby is as potent as the AARP.

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      tiredofwhiners3 months, 1 week ago

      I have maintained all along that ethanol from corn as a substitute for gasoline is stupid. I'll admit some ethanol is OK but only to the extent it doesn't take away significantly from our needed food supplies. The oh so smart gov't mandates are truly thought out by incompetents. Basic science I learned in HS tells me ethanol is not competitive. A quick chem reaction analysis I did shows that comparing ethanol and ethane (a component of natural gas) is as follows: 2 ethane 7 O2 = 2CO2 3H2O; and 2 ethanol 6 O2 2CO2 3H2O. So the 2 nearly identical compounds produce the same "pollution" and ethane uses one more oxygen molecule but produces more energy too. So much for reducing greenhouse gases. I learned this in HS 63 years ago. Someone please correct me if I'm wrong. And think about the energy/labor/cost required to produce all that corn. I can only see one good thing and that is the farmers who have struggled for so long are reaping the benefits. Go farmers!!

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