Thursday, March 17, 2011

Stop Biofuel! feed people!

In the U.S because of the spike in Oil prices, and of extreme weather Food prices are rising. This has caused many people to go hungry even in the U.S as food stamps stays the same and prices increase.
Madison says her food stamp benefits have not increased despite rising food prices.
In fact millions of Americans are currently on food stamps. My suggestion curve corn based bio-fuel production. I have stated before that Bio-fuel can't be tomorrow's fuel as it is inefficient and also isn't at all environmentally friendly. So countries including Canada, U.S and many other countries should eliminate the bio fuel subsidy that are given to farmers who plant corn for bio fuel and gradually increase a subsidy for farmers to make corn for food. In fact corn is the base product of most of the products we buy. Including batteries, Coke Ca-cola and many others. By stopping useless corn based bio-fuel production and making more corn for eating and other products Corn prices could see a gradual decline and so many other important products we buy. Many might say that since we need oil to ship goods and with less bio-fuel production  there will be an increase in oil prices , and this increase would be enough to make any reduction in products prices, because of surplus corn look minimal. But if we also gradually use more renewable energy and eliminate the subsidy of fossil fuels and gradually increase the subsidy on renewable energy then oil prices would not spike as much and in future might go down.

Keystone food commodities like corn, soybeans and wheat have already increased 149% this past decade, according to the New America Foundation's Smart Strategy Initiative Director Patrick Doherty.
"With persistent high unemployment, oil fueling more than 95% of America's transportation system, and transportation costs running 24% of income in suburbia and in exurbia, 35%, America's middle class is extraordinarily exposed," writes Doherty.
Read more here

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