Jan 8, 2007

Again I ask... fuel or food?

World May Be Facing Highest Grain Prices in History  Earth Policy Institute: Investment in fuel ethanol distilleries has soared since the late-2005 oil price hikes, but data collection in this fast-changing sector has fallen behind. Because of inadequate data collection on the number of new plants under construction, the quantity of grain that will be needed for fuel ethanol distilleries has been vastly understated. Farmers, feeders, food processors, ethanol investors, and grain-importing countries are basing decisions on incomplete data. The U.S. Department ... Link By EcologicalInternet.org (Dr. Glen Barry)