Food riots caused by rising food prices have erupted around the world. Five people died in uprisings in Haiti, perhaps the first of many casualties to come from the fad of being "green."Food riots also broke out in Egypt, Cameroon, Ivory Coast, Senegal and Ethiopia. The military is being deployed in Pakistan and Thailand to protect fields and warehouses. Higher energy costs and policies promoting the use of biofuels such as ethanol are being blamed.
"When millions of people are going hungry, it’s a crime against humanity that food should be diverted to biofuels," an Indian government official told the Wall Street Journal. Turkey’s finance minister labeled the use of biofuels as "appalling," according to the paper.
Biofuels have turned out to be a lose-lose-lose proposition. Once touted by the greens and the biofuel industry as being able to reduce the demand for oil and lower greenhouse gas emissions, biofuels have accomplished neither goal and have no prospect for accomplishing either in the foreseeable future. Read More.
HT: Ken
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