Soaring pork prices, no corn for ethanol
Christian Science Monitor
05/31/07
Ethanol production has put the Chinese government in an unpleasant bind, as fears rise that the environmentally friendly gasoline additive is also fueling politically dangerous increases in the price of food — particularly pork, a key staple. With the ethanol industry gobbling up a growing share of China’s corn harvest, authorities have stomped on the brakes to slow what one official report calls ‘blind’ investment in distilleries. ‘China cannot sacrifice food security for energy: that seems to be the majority view in the government now,’ says Zhang Zhongjun, deputy head of the Beijing bureau of the United Nations’ Food and Agriculture Organization (FAO)... [editor’s note: One of the few times when “expensive pork” is a good thing? - SAT]
http://www.csmonitor.com/2007/0531/p01s04-wosc.html
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=ethanol
05/31/07
Ethanol production has put the Chinese government in an unpleasant bind, as fears rise that the environmentally friendly gasoline additive is also fueling politically dangerous increases in the price of food — particularly pork, a key staple. With the ethanol industry gobbling up a growing share of China’s corn harvest, authorities have stomped on the brakes to slow what one official report calls ‘blind’ investment in distilleries. ‘China cannot sacrifice food security for energy: that seems to be the majority view in the government now,’ says Zhang Zhongjun, deputy head of the Beijing bureau of the United Nations’ Food and Agriculture Organization (FAO)... [editor’s note: One of the few times when “expensive pork” is a good thing? - SAT]
http://www.csmonitor.com/2007/0531/p01s04-wosc.html
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=ethanol
rudkla - 1. Jun, 15:32
