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USDA Shows High Oil Prices, Other Factors Drive up Food Prices Affirms Wisdom of U.S. Biofuels Policy WASHINGTON, May 20 /PRNewswire/ -- During a briefing on the case for food and fuel yesterday, U.S. Agriculture Secretary Ed Schafer pointed to the fact that oil prices have broken through a...
Full Coverage:
FROM HERO TO VILLAIN IN A SEASON: Corn grown for ethanol feeds feud over food
Corn grown for ethanol feeds feud over food Detroit automakers may have to shift focus as voices rise against biofuel BY JUSTIN HYDE • FREE PRESS WASHINGTON STAFF • May 22, 2008 WASHINGTON -- In the middle sit Detroit's automakers, which have made ethanol the centerpiece of their environmental...
Khosla Speaks
MENLO PARK, CALIF. - Moreover, I look forward to the WSJ's complaints about oil's subsidy bonanza, from tax breaks for drilling, loopholes that allow royalty-free offshore oil leases, manufacturing tax breaks, as well as roughly $7 billion in subsidies in the wake of the Hurricane Katrina...
Go Ahead, Blame Biofuels (at BusinessWeek)
A switch from fossil fuels to ethanol and its kin diverts resources from food production, leading to hunger and destabilization of farming Editors' note: This is the second in a series of articles on the link between biofuels and the food crisis. Instead of burning dirty fossil fuels, we can...
Setting the story straight
This guest post is from venture capitalist Vinod Khosla, writing a rebuttal to pointed accusations flung at him from the Wall Street Journal in an editorial entitled "Khosla's Conspiracy." The corn ethanol subsidies that exist today were part of the 2005 Energy Bill, a time when I had no contacts...
Khosla: Setting the story straight
This guest post is from venture capitalist Vinod Khosla, writing a rebuttal to pointed accusations flung at him from the Wall Street Journal in an editorial titled "Khosla's Conspiracy." The corn ethanol subsidies that exist today were part of the 2005 Energy bill, a time when I had no contacts...
Vinod Khosla: Setting The Story Straight
To my surprise, this morning I found myself cited by the Wall Street Journal as a strong advocate of subsidies for food-based ethanol, and as a recipient of "federal dole" who ought to "take a vow of embarrassed silence." The corn ethanol subsidies that exist today were part of the 2005 Energy...
EU defends biofuels policy amid rising food prices
The European Commission on Tuesday defended its policy to promote biofuels, which has been criticized as a contributing factor to the global food price rise. In a strategy to tackle rising global food prices, the commission failed to drop the European Union (EU) biofuels target. Instead, it...
USDA Head Downplays Calls To Cut Biofuel Mandate: by Christopher Doering
Prices for wheat, corn, soybeans and rice have set record highs at the Chicago Board of Trade this year. Around the world, rising food prices have lead to hoarding of wheat and rice, bread lines and food riots. It has prompted demands from some to pull back the throttle on the boom in ethanol and...
Biofuels Not Solely to Blame for Increased Food Prices
Agriculture Secretary Ed Schafer responded to calls from lawmakers and industry groups that claim ethanol production is causing food prices to drastically increase.Schafer said that although the demand for biofuels is impacting food prices, it “is not a major factor.”This year, the Chicago Board...
Bush Administration Defends Biofuels
The Bush administration is defending its decision to push food-based biofuels as food costs rise at home and abroad, saying the renewable fuels are only a small part of the problem. Some have blamed the food crisis in part on policies backed by the White House and Congress that divert corn,...
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Fossil Fuels, Investing & Markets, U.S. Federal Executive Departments and Cabinet, U.S. Government, Government, Commodity Markets, Finance, Banking & Insurance, Food, Beverage & Tobacco, Fuels Markets, Diesel, Energy, Alternative Fuel, Energy Markets, Fuel & Petroleum Products, Biofuels, Food, Biodiesel, U.S. Federal Government, U.S. Agriculture Department
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