Saturday, July 05, 2008

World Bank Secret Study: Biofuels Cause 75% Increase In Food Costs


His stupid notions on how to save the planet have punctured the American corpus and left us pouring our life into the ether.

Al Gore believes that man's pollution is the greatest threat the Earth faces. I think Al Gore is among the greatest threats we face.

From the Guardian, via Sigmund, Carl, and Alfred:
Biofuels have forced global food prices up by 75% - far more than previously estimated - according to a confidential World Bank report obtained by the Guardian. The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financial body.

The figure emphatically contradicts the US government’s claims that plant-derived fuels contribute less than 3% to food-price rises. It will add to pressure on governments in Washington and across Europe, which have turned to plant-derived fuels to reduce emissions of greenhouse gases and reduce their dependence on imported oil.

Senior development sources believe the report, completed in April, has not been published to avoid embarrassing President George Bush. “It would put the World Bank in a political hot-spot with the White House,” said one yesterday. The news comes at a critical point in the world’s negotiations on biofuels policy. Leaders of the G8 industrialised countries meet next week in Hokkaido, Japan, where they will discuss the food crisis and come under intense lobbying from campaigners calling for a moratorium on the use of plant-derived fuels.

It will also put pressure on the British government, which is due to release its own report on the impact of biofuels, the Gallagher Report. The Guardian has previously reported that the British study will state that plant fuels have played a “significant” part in pushing up food prices to record levels. Although it was expected last week, the report has still not been released.

“Political leaders seem intent on suppressing and ignoring the strong evidence that biofuels are a major factor in recent food price rises,” said Robert Bailey, policy adviser at Oxfam. “It is imperative that we have the full picture. While politicians concentrate on keeping industry lobbies happy, people in poor countries cannot afford enough to eat.”

Rising food prices have pushed 100m people worldwide below the poverty line, estimates the World Bank, and have sparked riots from Bangladesh to Egypt. Government ministers here have described higher food and fuel prices as “the first real economic crisis of globalisation”.
At one point, Al Gore was campaigning for a switch-over to an 15% Gasoline/85% Ethanol mixture.

So, if you choose to use Ethanol, you're actually making your gasoline work harder.

Could we ever plumb the depths of Al Gore's environmental idiocy?

And, why does Al Gore pursue such a disastrous environmental policy? Is it because he is a pure being, a lightworker, an elevated soul like freaking Mahatma Gandhi or Jimmy Carter?

Could be.

Or, it could be because he is heavily invested in Ethanol?

1 comment:

Pastorius said...

Reliapundit, the photo was a classic.

Next thing you're gonna tell me you don't want me to post the Babe of the Week.