mm429: World Bank: biofuels cause starvation

July 4, 2008

MUDGE’s Musings

As food prices rise around the world, evidence that the biofuels initiatives are the cause keeps becoming clearer. As the entire issue of petroleum alternatives has become most pressing, the relationship between the diversion of food stocks to fuel stocks has been guessed at, but there have been few firm numbers of the impact.

Today The Guardian seems to have found the smoking gun.

First, a review. We have discussed this topic many times:

Fuel from Food: Just a bad idea all around

mm367: It’s not just a bad idea, it’s a crime
mm360: Global food price crisis: Genocide?
mm298: Nutty Richard Branson flies to Holland on biofuel
mm282: If it sounds too good to be true…
mm260: The other oil shock
mm233: Corn in the news – and not just in Iowa!
mm194: Friedman: Coulda, Woulda, Shoulda
mm193: Fuel without oil, or corn
mm084: Food versus fools – Salon.com
mm053: The case for turning crops into fuel – Saletan

guardian

Secret report: biofuel caused food crisis

Internal World Bank study delivers blow to plant energy drive

Aditya Chakrabortty | The Guardian, Friday July 4, 2008

Biofuels have forced global food prices up by 75% – far more than previously estimated – according to a confidential World Bank report obtained by the Guardian.

Read the rest of this entry »


mm298: Nutty Richard Branson flies to Holland on biofuel

February 26, 2008

MUDGE’s Musings

Well, I’m sure that the august Mr. Branson was not present on the Virgin Atlantic test flight from London to Amsterdam the other day. Partially powered by biofuel processed from babassu nuts and coconut oil.

Doesn’t babassu nut sound like the latest dance craze? Well, it’s nut. Um, not.

Read the rest of this entry »


mm282: If it sounds too good to be true…

February 11, 2008

MUDGE’S Musings

Automotive breakthroughs – Truth, or Myth?

  • Carburetors that get you 100 miles to the gallon.
  • Gasoline engines that can be converted to run on water.

Myth, of course. Anyone trying to sell you stock in the latter, which seems to surface every few years, should be reported to the SEC.

Okay, those were easy ones. These next two are more difficult.

  • Hybrid vehicles are good for the environment.
  • Biofuels can cleanly end our dependence on petroleum.

Sorry, myths, both.

Read the rest of this entry »


mm084: Salon.com Technology | Food versus fools

July 25, 2007

MUDGE’S Musings

Continuing our biofuel exploration of a few weeks ago, here’s a useful analysis found at Salon.com.

Salon.com Technology | Food versus fools

Article removed at the polite request of the copyright holder

As always, our elected officials have no idea of the positive value of global trade, unless their farming constituents’ interests are protected with tariffs.

If ethanol is a key to less dependence on those “friends” of ours in OPEC, then wouldn’t it be an intelligent step to acquire ethanol from the least expensive source?

And folks, the Democrats have just as sorry a history as Republicans when it comes to nationalistic protectionism.

Michael Bloomberg, you’ve declared yourself an independent, and you are no doubt one of the sharpest knives in the capitalist block — what’s your position on this issue?

It’s it for now. Thanks,

–MUDGE