massive subsidies for corn and mandated ethanol use, will cause prices to rise by as much as 50% and disrupt basic distribution networks, triggering a chain reaction of inflationary forces that would be felt most by vulnerable populations in low-lying urban areas not on the receiving line of massive farm handouts.”
Environment Canada says it isn’t going to reduce green house gases and it appears a large portion of the world may go even hungrier than they already are if we continue down this road. The price of food is starting to rise as a result of another poorly conceived Conservative/Bush plan to turn our food into fuel for our vehicles.
I don’t know about you, but I’ll take a decently priced bag of groceries over filling up my car any day. We can’t live without food; but we can find a way to work around the fuel issue. If you think the food prices rising will hurt people in Canada, just watch what it does to 3rd world countries. I think this “plan” has the potential to cause a great deal of human suffering and could easily increase deaths from starvation worldwide.
April 11th update: I had a reader point me to this article by Fidel Castro and it raises issues with biofuels I did not consider in my original post including, water usage for biofuel crops, dying bees, etc.
Where are the more than 500 million tons of corn and other cereals which the United States, Europe and wealthy nations require to produce the gallons of ethanol that big companies in the United States and other countries demand in exchange for their voluminous investments going to be produced and who is going to supply them? Where are the soy, sunflower and rape seeds, whose essential oils these same, wealthy nations are to turn into fuel, going to be produced and who will produce them?