Obama’s Green Fuel Policies Starve the Poor

January 9, 2013 07:28


[G]rowing demand for biofuels in the U.S. is having a catastrophic impact on the small poor nations south of our border, such as Guatemala. – IBD

 

 

From IBD Editorials


EXCERPTS:

At what point does environmental zeal descend into inhumane policy? Try the ethanol mandate, which is now creating a wave of state-sponsored hunger in poor countries like Guatemala as food is diverted to fuel.

 

… has resulted in 44% of U.S. corn crops getting burned as fuel.

 

….. then prices shot up with the ethanol mandate. That law requires one-tenth of all U.S. gasoline to contain corn-based ethanol, offering distorted incentives to U.S. farmers to sell their corn at subsidized prices, leaving less for food.

 

As a result, corn prices have soared as much as 100% for Guatemalans, making corn not just expensive but out of reach for the impoverished population, which spends two-thirds of its money to buy food.

 

 

 

In reality, it’s a callous sign of a government agency so wedded to its green agenda it will rationalize any man-made famine or other unintended consequence of its policy for the sake of its environmental purity.

 

Stalin operated that way, and so did all the other global creators of hunger.

FULL ARTICLE

 

Also please consider:

Suicidal fuel – corn ethanol driving up world food prices in drought

Time to end the mother of all corporate welfare: ethanol subsidies

 



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