|
Re: Bioenergy: Fuelling the food crisis?
I'm sure I read that the real problem was down to stock market speculators investing in agriculture products because they're more stable than many traditional markets.
I know a guy who quadroupled his money when he went on holiday at the end of April back in 1986 and put his lot into american grain because it was a safe bet to make a bit of money.
People have to eat, grain etc will always be bought.
I'm pretty sure there isn't a shortage of food crops which there would be if biofuels were the cause of the price rises (ie biofuel crops being bought for a higher price than food crops so more economic sense in farmers stopping food production).
Yes there's a rice shortage, but rice isn't normally converted into biofuels, and rice paddies aren't suitable for most crops which are used as biofuels.
|