View Single Post
Old 05-06-2008, 04:31 PM   #3 (permalink)
SJZ3
3.8 Liter Supercharged V6
 
Join Date: Dec 2003
Location: New Jersey
Drives: TBD
Posts: 642
Re: Actual facts -- food vs. fuel

Great article (editorial?).

I am not a big fan of corn ethanol (I think its going to prove to be transitional), but I am very suspect of these claims that ethanol is somehow driving up the price of food worldwide.

Apart from the detailed arguements laid out in this article...consider the fact that practically every single commodity everywhere is getting more expensive: Precious Metals, Petroleum, Coal, Aluminum, Steel, etc...

One thing is driving these higher prices: Demand. And that demand is coming from the tremendous growth of developing counries all around the world (BRIC, Eartern Europe, etc...).

There is nothing wrong with corn, wheat, and soy prices getting higher. If the demand is there, that's exactly what should happen.

And frankly, if those crops are more valuable as fuel energy istead of food...then that's what they should be used for. What should not happen are all these people trying to stop the technological revolution happening with Biofuels. These biofuels may or may not work out in the end...but let them develop and see where they go. Technology is too hard to predict, and shouldn't be artificially restricted.
__________________
Current Ride: 2007 Volkswagen GTI 6-Speed Manual.
SJZ3 is offline   Reply With Quote