Posts Tagged ‘food prices’

European Union Defends Biofuel Targets As Food Prices Soar

EU, european union, biofuelsDespite intense debate surrounding the growing global food crises, the European Union today defended expanding the use of biofuels in all 27 member countries. Part of the EU’s climate change package, the current proposal sets a target of meeting 10% of transportation fuel with biofuels by 2020.

As I reported last week, Europe’s EPA advised suspending the EU’s biofuel targets until a comprehensive environmental analysis could be completed. Barbara Helfferich, spokeswoman for EU Environment Commissioner Stavros Dimas, said no way is that going to happen:

“You can’t change a political objective without risking a debate on all the other objectives,” meaning that changing biofuels targets could lead to questioning the entire climate change package.

“Perfect Storm” Inflating Food Prices Worldwide

bread, food, grain, biofuelsAdding to the ongoing discussion about biofuels affecting worldwide food prices (see Biodiesel Is Raising Food Prices), NPR’s Morning Addition briefly interviewed World Bank President Robert Zoellick last Friday.

Zoellick called it a “perfect storm of things coming together…” and listed 7 different issues contributing to the increasing cost of food, which led to rioting in Haiti and Egypt last week, along with a general strike in Burkina Faso:

Tangled Up in Green: The Dangers of Using Food for Fuel

corn12.jpgWho knew Stephen King was a prophet?

No, I’m not talking about the demon-possessed hot rods (I think we all saw that coming). I’m talking about America’s zombie-like loyalty to a certain cash crop — one that has turned our entire nation into the children of the corn.

Lately, of course, you can’t watch, read, or listen to the news without someone touting the benefits of corn ethanol and how it’s the key to leading us on a path of energy independence.

There might be a *cough* kernel of truth to that argument, but… (sorry, I suffer from a cousin of Tourette’s that requires me to uncontrollably shout out useless puns)…

Seriously, corn is not the answer. It’s not even a major part of the answer. In fact, it’s a major part of the problem.

What do I mean? Well, lend me your *cough* ear (jeez, the medication is wearing off quicker)…

From My Bookshelf-Part 1

from-my-shelf-part-1.JPGfrom-my-shelf-part-1.JPGfrom-my-shelf-part-1.JPGAs a writer of fiction, I constantly get the question, “Where do you get your ideas?” The answer is, two places: I get out and play in the world a lot and I read a LOT! I wanted to share some of the books on my shelf, so that you too…can get inspired.

Food and food production was the first topic I tackled. I haven’t read it yet, but Michael Pollan’s new book, In Defense of Food: An Eater’s Manifesto, sounds excellent. I enjoyed listening to a recent interview with him on Talk of the Nation and have it on hold at my local library. Michael Pollan also did a fantastic job with An Omnivore’s Dilemma: A Natural History of Four Meals. Many people are familiar with Pollan’s writing, but I wanted to make you aware of some titles you may have missed.

I believe I stumbled up Fat Land by Greg Critser first. Being a health and wellness consultant, the subtitle, “How Americans Became the Fattest People in the World,” is what caught my eye.

Intensive Chicken Farming Hits Screens and Raw Nerves

hugh.jpgOver the past few years, the UK has enjoyed the dubious pleasure of having its terrestrial TV channels jammed with celebrity chefs.

Turn on the TV and you’ll see one of them drizzling olive oil over some preposterous dish hardly suitable for a family of four on a tight budget.

But recently, there’s been a refreshingly unsavoury turnaround.

The Lindberg Report Podcast: The New Global Crisis? Food!

corn.jpgBMO Financial Group strategist Donald Coxe warns that the current credit crunch and soaring oil prices will pale in comparison to a looming shortage of food.

Again, I’ve included a podcast, just in case you’d rather listen:

Get Adobe Flash Player to play this audio or download the audio file instead.

Investors are being warned, a global food catastrophe is emerging, a dire prediction he dropped on the Empire Club’s 14th annual investment outlook meeting in Toronto.

Coxe blames heavy demand from the biofuels industry, and the growing middle classes of countries such as India and China. To keep up with the demand, he says food output needs to be expanded dramatically.

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