Bio-fools; the US is putting grain into the wrong 'tank'

By SHARON K. GILBERT
July 16, 2008

ENGLISH POET, William Blake once said that ‘A fool sees not the same tree that a wise man sees’. I say that biofuel advocates look not to a tree, but to corn and sugarcane, and their hungry eyes see only money.

The World Bank just released a report that places the blame for rising food prices squarely on the biofuel industry.

While American drivers drool over lower fuel prices, remember that the counterbalance is higher supermarket prices — not just corn, wheat, bread, and other grain related products, but oils, cheeses, and even meat. A rise in feedstock prices translates to higher production costs to dairy, cattle, and poultry farmers. The end result: everything in your pantry costs more.

The grain required to fill the tank of a sports utility vehicle with ethanol (240 kilograms of maize for 100 liters of ethanol) could feed one person for a year

Read more at Sharon’s Website