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    « Brazilian Ethanol Doesn’t Hurt Food Output, Lula Says | Home | Can You Save Almost $500 In Gas Costs? »

    Just Like Cholesterol There Is The Bad Ethanol And The Good Ethanol

    By Mr Ethanol | June 5, 2008

    IRINnews.org:
    Biofuel is in the dock at the global food summit in Rome this week, with counties divided over whether it is the villain behind food insecurity, or the cheap energy of the future.

    At issue is the impact of grain-based biofuels on food prices - now at their highest levels since the 1970s - and a related wrangle over bioenergy subsidies. But there is also, increasingly, a rethink of how “green”, or eco-friendly, biofuel really is.
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    “There is no agreement on the impact of grain-based biofuel on food prices,” Alexander Müller, Assistant Director-General of the UN Food and Agriculture Organisation (FAO), told IRIN. Various studies and think-tanks have come up with estimates of the impact of biofuel on food prices that range from 10 percent to 60 percent.

    Neither is there consensus on government handouts to farmers and industry, or the long-term impact of biofuel. “It is like the Kyoto Protocol [on global warming] - you cannot expect agreement within three days,” said Luka Alinovi, a senior FAO food security advisor.

    The simmering debate was brought to the boil by Jacques Diouf, the head of FAO, who trashed subsidies for diverting cereal production away from food and into fuel in his opening remarks at the summit on Tuesday.

    The authoritative International Food Policy Research Institute (IFPRI) has estimated that bioenergy accounts for 30 percent of the recent food price inflation. A report by the Organisation for Economic Cooperation and Development (OECD) concluded that biofuels were responsible for a 60 percent increase in the consumption of cereals and edible oils between 2005 and 2007.

    Ed Schafer, the US secretary for agriculture, told journalists the US administration - a heavy provider of subsidies - believed biofuels accounted for just three percent of food inflation, and should not be a focus of the conference.

    Good ethanol vs bad ethanol… continue reading.

    Topics: Agriculture, Biofuel, Ethanol, Negatives, News, Positives |


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    2 Responses to “Just Like Cholesterol There Is The Bad Ethanol And The Good Ethanol”

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      June 6th, 2008 at 8:44 am

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      June 6th, 2008 at 2:21 pm

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