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Biofuel Backlash - World

Nov 2007Demand for biofuels like corn-based ethanol is leading to soaring food prices and political instability. The price of wheat and corn has doubled, hitting the poor particularly hard.Backed by generous government subsidies, the ethanol industry is on a mission to "reduce our dependency on imported oil". Its insatiable demand for corn is "driving world commodity markets", pushing up global prices. Prices of eggs, meat and diary products have also shot up because corn is used in animal feed. "A lot of pork farmers could lose money because of high feed costs", complains farmer Randy Hilleman. But it's the poor, whose staple diet is grains, who will be most affected. "The grain it requires to fill a 25-gallon SUV tank with ethanol will feed one person for a year", explains Lester Brown, Earth Policy Institute. The ethanol boom could create unprecedented global insecurity. Already tortilla prices in Mexico have increased 60%, prompting people to take to the streets. Sceptics question if ethanol can reduce America's dependence on imported oil. Even if America's entire corn crop was converted to fuel, it would only displace 15 per cent of petrol consumption. As most ethanol plants are powered by coal, doubts have also been cast on its green credentials. But the corn lobby blames high petrol prices for rising food costs and complain of an anti-ethanol conspiracy.

Channel: News & Politics
Uploaded: December 31, 1969 at 11:59 pm
Author: journeymanpictures

Length: 12:55
Rating: 4.25
Views: 29895

Video Comments

NZ500D (December 31, 1969 at 11:59 pm)

I guess that would work if we were all vegeterians...too bad wer're not.

NZ500D (December 31, 1969 at 11:59 pm)

Exactly. Something needs to be done. How are we going to feed an extra 2.5 billion people in 40-50 years when we can't feed ourselves in 2008? I know AIDS will help but the next 100 years sure will be interesting...unfortunatley (?) it will be the most vunerable people in the world that will suffer...

IloiloWindEnergyLtd (December 31, 1969 at 11:59 pm)

The original plan was actually: to reduce the Worlds population by hundreds of millions or even Billions by starving people to death, in order for Mother Earth to sustain the existence of Human species, so as not to upset or tip over the equilibrium between mankind and nature.

Kschneiderstl (December 31, 1969 at 11:59 pm)

Not to totally change the subject here, but there would be more than enough food for the starving people of the world if we gave food to people instead of giving food to animals, then using the animals for food. A typical adult pig eats an average of 7 lbs of food a day, or 2,550 lbs a year. A typical adult pig weighs an average of 150 lbs, and not all of that 150 lbs becomes food for humans. That's 2,500 pounds of grain that could have been fed to humans for less than 150 lbs of pork.

klauspas (December 31, 1969 at 11:59 pm)

I would like to use this video in a film of mine. Who should I contact? Klaus

elmoslanz (December 31, 1969 at 11:59 pm)

exactly.

loytime (December 31, 1969 at 11:59 pm)

here here.

AmericanOriginal1 (December 31, 1969 at 11:59 pm)

It takes MORE energy to produce a gallon of ethanol than there is INSIDE a gallon of ethanol....ethanol "works" only because of Heavy subsidies (paid for in higher taxes AND food prices).Fuck Ethanol.

finan2004 (December 31, 1969 at 11:59 pm)

I think biofuel is in infancy and it will improve. Corn ethnol is definitely not the way but it may be a bridge to something great. I dont like oil and those middle eastern dictators and the big fat oil companies who takes all the tax payers money and say they made record profit

AcomsRazor1776 (December 31, 1969 at 11:59 pm)

So now were gonna chop down trees for biofuel. LOOKOUT RAINFOREST HERE WE COME.

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Biofuel Backlash - World

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