TIP: Click on subject to list as thread! ANSI
echo: coffee_klatsch
to: BOB ACKLEY
from: TOM WALKER
date: 2008-06-06 06:08:00
subject: So Cal Fuel Prices

BA> TW> And Incidnetly just how can you support a program that is ACTUALY
BA> TW> taking the Food out of Peoples Mouths??

BA>In 2008 the number of acres planted in corn FOR FOOD is up 26 percent over
BA>2007.

NOT SO!!!!



BA>Actually, Tom, not an acre of US farmland has been taken out of food product
BA>in favor of ethanol or biodiesel.  Advertising and other messages saying
BA>otherwise
BA>are brought to you by Exxom/Mobil, BP Amoco, etc.

Again NOT SO. This form the Christian Science Moniotor, A Fairl;y
Straight reporting the FACTS newspaper on the Corn(FOOD) Ctysis.


*****

How big a factor is the biofuels boom?

It is significant enough for the FAO to be warning about the dangers of
turning too much food into fuel, and for the Chinese government, for
example, to ban the construction of new refineries that use corn or
other basic foods. In fact, earlier this month Beijing announced tax
breaks and subsidies to encourage the use of cellulose, sweet sorghum,
and cassava (nonfood crops in China) for biofuels.

Some analysts estimate that as much as 30 percent of the US grain crop
will go toward producing ethanol this year, a doubling from 2006. IFPRI
forecasts that if the world sticks to current biofuel expansion plans,
the price of corn will go up 26 percent by 2020, and the price of
oilseeds (such as soybean, sunflower, rapeseed) by 18 percent. If
governments double efforts to produce this alternative fuel source, corn
prices are expected to go up 72 percent and oilseeds by 44 percent in 12
years' time.

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