Monday, April 21, 2008

Fuel Choices, Food Crises and Finger-Pointing

The idea of turning farms into fuel plants seemed, for a time, like one of the answers to high global oil prices and supply worries. That strategy seemed to reach a high point last year when Congress mandated a fivefold increase in the use of biofuels.
But now a reaction is building against policies in the United States and Europe to promote ethanol and similar fuels, with political leaders from poor countries contending that these fuels are driving up food prices and starving poor people. Biofuels are fast becoming a new flash point in global diplomacy, putting pressure on Western politicians to reconsider their policies, even as they argue that biofuels are only one factor in the seemingly inexorable rise in food prices. Read here, http://www.nytimes.com/2008/04/15/business/worldbusiness/15food.html?ei=5065&en=9e715f242c497f48&ex=1208923200&partner=MYWAY&pagewanted=print

No comments:

Post a Comment

Looking forward to your comments, Barry.