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Subject: Don't Blame Biofuels for Food Crisis

Written By: ChuckyG on 10/08/08 at 9:54 am

I've been noticing the current opinion of Ethanol has been that it's taking food off the plates of people in starving countries, but it appears that's not the case.

"One of the reasons we had this crisis with the very high food prices is that very little was invested in developing countries." Pinstrup-Andersen said. "Governments could import food at prices below the cost of production because of the heavy subsidies we had in the U.S. and E.U. Surplus production was dumped on the international market."

While that drove food prices to historic lows, it also created a more centralized food system that left developing countries with less domestic agriculture to pick up the slack when the world food supply dwindles.

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