The relationship of Ethanol production to the price of food
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9:21
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lies
it requires 2 gallons of fossil fuel to produce 1 gallon of biofuel.
See the problem?
Biofuels are to expensive because of the high energy cost in producing them,
the are are only 'viable' with subsidies from government (effectively debt at the moment as the government is in deficit).
BIOfuels are madness, they increase fossil fuel dependancy and put up the price of food and fuel and procude more CO2
UTTER FUCKING INSANITY!!
ufewl 8 months ago
I'm commented on this in other videos. I think in the U.S mostly oil prices causes food prices to rise as opposed to ethanol because of the shipping and transport costs. Global food prices, however are caused primarily by mostly ethanol since oil is not consumed as much as here.
torres585 3 years ago
The corn price is where it needs to be. its the farmers corn they can do with it as they wish. They are not responsible for saving people who cannot control their own population.
braneden 3 years ago
It is not the United States that has to worry we can handle a few more cents to per pound to our food prices poorer places can not. You may not go hungry because of ethanol but someone will.
poetsonghotmail 3 years ago
A rather misinformed clip though
The US food price isn't going up much.
But the export market is getting hit hard.
greyfalcon. net/ grocerybill.png
Additionally, while the price of Corn is going way up. So is the cost of Soybeans that otherwise would have been grown on that same land.
greyfalcon. net/ soy2
Also the cost of fertilizers, and farmland is doubling.
seekingalpha. com/ article/33925-natural-gas-investors-to-benefit-from-global-ethanol-boom
Frankly, it's propaganda.
greyflcn 4 years ago
great clip
alsatianlover 4 years ago