Saturday, October 27, 2012

United Nations' Head of FAO blames U.S. for food scarcity in the world

Click here to read this in full @ Business Day Live:

Another American factor is energy legislation that requires that nearly half this year’s maize output be devoted to producing ethanol for fuel. Six state governors have formally petitioned the Environmental Protection Agency administrator to implement a full, one-year suspension of the ethanol mandate. The FAO has already pressed the US to suspend its production of biofuel ethanol. Its director-general, Jose Graziano da Silva, says the worst drought in 50 years "is inflicting huge damage on the US maize crop, with serious consequences for the overall international food supply".

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