Wall Street Journal (January 22)
2011/ 01/ 23 by jd in Global News
“Four of every 10 rows of U.S. corn now go for fuel, not food.” In 2001, the figure was less than one in 14. This helps explain soaring food inflation. The Journal criticizes the government subsidies behind the shift to fuel use. “At a time when the world will need more corn and grains, it makes no sense to devote scarce farmland to make a fuel that exists only because of taxpayer subsidies and mandates.”
Tags: Environment, Ethanol, Food, Inflation
