The Discerning Texan

All that is necessary for evil to triumph, is for good men to do nothing.
-- Edmund Burke
Saturday, July 05, 2008

Report: Biofuels has increase World Food Prices by 75%

If it wasn't so tragic, it would be almost funny; but it is anything but: people are dying because of the "religion" of Global Warmism.

The Guardian claims to have a confidential World Bank report which concludes that biofuels have forced global food prices up by 75% — more than the IMF estimate of 20-30%, and far more than the US government’s claims that biofuels contribute less than 3% to food-price rises. The Guardian and the New York Times suggest the World Bank report is being held back to avoid conflict with the US, though bank chief Robert Zoellick has been vocal about the problem.

The Guardian’s reporting on this is fairly shoddy, throwing around percentages without a time frame. Nevertheless, it is fairly clear that if biofuels moderate energy prices, they tend to have the opposite effect on food prices. Thus, you have groups like ActionAid calling on the G8 leaders to support a five-year moratorium on biofuel expansion and an end to subsidies and targets aimed at increasing the use of ethanol and biodiesel in the US and European Union.

As previously noted here, Barack Obama has many ties to the domestic ethanol racket and has backed extending subsideies for corn ethanol and tariffs on more efficient sugar cane ethanol. These are precisely the sorts of policies that ActionAid predicts could cause an additional 850 million people to go hungry by 2009.

And for what?? Possibly the largest and most destructive hoax in world history. And the damage it is doing is only now beginning to be understood.

Many very intelligent people have been predicting this for years. And even most scientists are now (reluctantly) starting to bow to indisputable facts: they have been complicit in mass murder because of greed, Leftist politics and the cooperation of mass media and Presidential wannabes in fanning the flames, and scientists' fear of speaking up--and losing their funding or their jobs.
DiscerningTexan, 7/05/2008 10:23:00 PM |