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Saturday, March 27, 2010

Obama Backs Public Subsidy of Biofuels despite Eco-trash, Food Shortages http://coto2.wordpress.com/2010/03/26/obama-backs-public-subsidy-of-biofuels-despite-eco-trash-food-shortages/#more-6545

GMWatch collected these two essays, The Trouble with Biofuel and The Case against Biofuels, noting:Despite strong evidence that growing food crops to produce “biofuels” is seriously harming both the environment and the world’s poor, the Obama administration is backing big subsidies and programmes that are boosting their use.

The decision by the European Union to obtain 10% of all transport fuels from “biofuels” by 2020 is proving equally disastrous for poor countries – see EU biofuels significantly harming food production in developing countries.But while “biofuels” are a disaster for the environemnt and the world’s poor, they are a massive shot in the arm for the biotech industry and big agribiz.

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