The Chairman of Nestle, who just so happens to sit on the board of ExxonMobil, Peter Brabeck-Latmathe, lambasted global leaders for their support of “immoral” biofuel policies that are starving millions around the world earlier this week. In particular, he attacked the Obama administration for promoting corn-based ethanol and reserved no kind words for U.S. Agriculture Secretary Tom Vilsack who …
Vilsack: US Farms Producing Enough for Food & Biofuels
The man in charge at the USDA says American farmers are producing enough to provide the food AND fuel, in particular ethanol and biodiesel, this country needs. During the recent Commodity Classic, Secretary of Agriculture Tom Vilsack took on the food vs. fuel debate head-on. “It is irritating to me that we have to read about this all the time, …
Growth Energy Responds to Ethanol Attacks
Once again, ethanol is being attacked by the national media for causing food shortages. In a Washington Post editorial today, long-time ethanol opponent Tim Searchinger writes about “How biofuels contribute to the food crisis.” While admitting the “2008 food crisis” resulted from a number of causes, Searchinger said, “We should recognize the ways in which biofuels are driving it.” In …
Several Groups Disappointed with E15 Decision
Not everyone is happy with the latest E15 ruling from the Environmental Protection Agency (EPA). Last Friday, the EPA ruled to allow consumers who drive conventional vehicles or light duty trucks manufactured between 2001-2006 to use E15, a blend of 15 percent ethanol, 85 percent gasoline. In October of 2010, the EPA allowed the use of E15 in the model …
Available Land Could Produce 1/2 World’s Fuel
According to a new paper published in the journal Environmental Science and Technology, “Land Availability for Biofuel Production,” authored by researchers from the University of Illinois, using detailed land analysis, biofuel crops cultivated on available land could produce up to half of the world’s current fuel consumption. This could be done, the researchers say, without negatively affecting food crops or …
Iowa City Woman Wins $7,500 In Free Fuel & Food
An Iowa City woman received a very welcome early holiday gift – free food and fuel for a year from the Iowa Corn Growers Association. Katie Ortmann was the winner of the Iowa Corn Fed GameDay GiveAway campaign when her name was called during halftime of the Iowa State versus Iowa men’s basketball game held this past Friday, December 10, …
Biomass for Biofuels Will Promote ‘Earth Grab’
Experts estimate that the biofuels boom could grow to be worth more than $1 trillion and has brought agriculture back to center stage, but according to advocates with Food Secure Canada (FSC), this movement will not feed people nor mitigate climate change. On Friday, November 26, 2010, FSC is hosting Earth Grab, a community forum that will discuss the growth …
Food Prices on the Rise – Biofuels Not to Blame
Is the food versus fuel debate finally subsiding? It has been hanging around since 2008 when the Grocery Manufactures of America launched a coordinated attack on the ethanol industry blaming them for the rising cost of food. It turned out that the greatest offender was actually rising oil prices which topped out over $150 per barrel. This week, the Wall …
CME Webcast on Food vs Fuel
CME Group is holding a live webcast today of a panel discussion on food versus fuel. The webcast will be coming from CME’s third annual Global Financial Leadership Conference in Naples, Florida and the panel will focus on commodity markets and the fundamental factors driving supply and demand for global food and energy. Participants will include Tim Gallagher, Executive Vice …
Anti-Ethanol Camp Exit Tents Prepared to Attack
The anti-ethanol camp has exited their tents today to hold a press conference against the suggested changes to VEETC and the ethanol tariff that the ethanol industry proposed last week. In response, the four organizations that are leading the charge to create a new road map for ethanol have jointly responded to the attack. In a statement released today from …