Thursday, June 5, 2008

Corn For Ethanol = No Good

ROME -- Outside the U.N. emergency summit on food here, protesters dressed as ears of corn. Inside, Bush administration officials Wednesday found themselves on the defensive on a wide range of U.S. policies, from biofuel production to genetic engineering and subsidies.

Delegates clashed during the second day of the three-day meeting over how much blame can be assigned to biofuels for the meteoric rise in food prices. The U.S. is an enthusiastic supporter of the robust and heavily subsidized biofuel industry, with plans to allocate about a quarter of its corn crop to the lucrative production of ethanol. - Los Angeles Times
With the current situation of rising food prices, is it at all ethical for the U.S to be allocating 25% of our corn resource to ethanol? Doubt it.

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