GOING HUNGRY: WHY BIOFUELS ARE BAD FOR PEOPLE, PROSPERITY, AND THE PLANET

Quebecois Libre
by Bradley Doucet

05/15/08

Diverting crops like corn to ethanol refineries increases the demand for corn, which raises the price of corn. This in turn causes some farmers to shift fields to corn production, and some consumers to substitute away from corn, both of which raise the prices of other staples. … But if consumers in rich countries want biofuels, then that’s what they want, and markets will just have to adjust, right? Except that it’s not consumers who are choosing to use biofuels in a free market — it’s governments that are pushing biofuels on consumers with market-distorting mandates and subsidies...

//www.quebecoislibre.org/08/080515-11.htm


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=ethanol
//freepage.twoday.net/search?q=biofuels
//freepage.twoday.net/search?q=food+crisis

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