Posted on 07/04/2008 3:52:32 AM PDT by steelyourfaith
Internal World Bank study delivers blow to plant energy drive. 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.
(Excerpt) Read more at guardian.co.uk ...
The figure emphatically contradicts the US government's claims that plant-derived fuels contribute less than 3% to food-price rises. It will add to pressure on governments in Washington and across Europe, which have turned to plant-derived fuels to reduce emissions of greenhouse gases and reduce their dependence on imported oil.
~~ snip~~
"It is clear that some biofuels have huge impacts on food prices," said Dr David King, the government's former chief scientific adviser, last night. "All we are doing by supporting these is subsidising higher food prices, while doing nothing to tackle climate change."
The Dem led congress has been pushing biofuel hard and it is congress that makes the laws.
Now it's official - even the government can't deny the obvious!!
The U.S. government claims that bio-fuels have only contributed 3% to the rise in food costs. Is Bush not part of the government?
You think Bush is responsible for everything the “U.S. government” claims?
A great deal of it, yes. There is far more “government in the executive branch then in the legislative. Bush left in place all of the Clinton appointed loons (except for some of the Cabinet posts, and many of his appointments have been disappointments). He has done very little to counteract the attacks by leftists.
He has not fought for conservative principles any more than the spineless Republicans in the Senate and many in the House. You can read more common sense in fifteen minutes on Free Republic than you have heard from Republicans in seven and a half years (more in the case of GOP legislators). There is a very good reason the Dems are supposed to be kicking Republican butt in this election, and it is spelled GOP LEADERSHIP.
Let me give that a real big
DUH!
Over 90% of the world's ethanol is produced in two countries: the U.S., where it is made from corn; and Brazil, where it is made from sugarcane. The World Bank study agrees that sugarcane isn't an issue, so that leaves corn. U.S. corn exports are at or near record highs. So clearly record U.S. exports are driving global food price inflation./sarc
Yes, ethanol is a demand factor for corn, and all demand factors contribute to pricing pressure. But remember that wheat and rice prices have soared as well. As have all commodities prices, led by oil. (The increase in food commodity prices actually trails overall commodities increases.) Ethanol shouldn't be turned into an all-purpose scapegoat for a much broader shift in commodities markets.
Osama Obama: “Burn food, not oil!”
You can talk about dems and independants gaming the pubbie primaries all you want but I don’t see how they could simply outvote the pubbie rank and file if there were a compelling conservative there and no reason for pubbies to vote against him. I have to assume that there is at least one basic conservative position which frightens the pubbie rank and file and that they are simply voting for the least frightening candidate, which is not a conservative. Something is wrong with the picture; the law of averages says we shouldn’t be getting two of these rinos in a row.

Ethanol was the most plausible of all their risible schemes and its catastrophic effects should be obvious to all. The recent spikes in gasoline and food prices may bring a little bit of healthy skepticism to the public attitude towards Greens, but I doubt it.
That makes it Bush's fault...
Note that this is a World Bank report. The government is still denying the obvious.
So are the greenies. As far as they are concerned, when more people starve, that's a good thing.
It's tagging out crops in the Northern hemisphere this year.
Those ol'boys at the IMF are going to be up to their eyeballs in ice before they step off the GW reservation, but by then it will be too late.
[The figure emphatically contradicts the US government’s claims that plant-derived fuels contribute less than 3% to food-price rises. It will add to pressure on governments in Washington and across Europe, which have turned to plant-derived fuels to reduce emissions of greenhouse gases and reduce their dependence...]
Gee, our politicians would never lie to us, would they?
The people who gave us these two rinos, hold no stock in the law of averages or luck. They don’t have to.
So you regard tenured international bureaucrats at the World Bank as authoritative? You don't think the World Bank establishment has its own hidden agendas?
these are the same useless eaters that b!tch about no exit strategy from Iraq. either they never thought about what it would do to world food prices, OR... they just didn't care.
Biofuels have forced global food prices up by 75%
False. Fossil fuels did it.
Look for food prices to skyrocket in a year.
Combines and tractors don’t run on air. Seed, chemicals, fertilizer, and farming equipment are not free.
Not sure what your saying here. My point was that the US government is still denying the obvious. It’s what they do.
I’m reminded of the old Soviet Union, of a guard standing in front of a smoking pile of rubble and telling every passerby “No building collapsed here!”
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