Jb
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Nestle blames biofuels for high food pricesNot news to most people here but interesting nonetheless
Nestle blames biofuels for high food prices
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Hairyloon
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Meh. They make rubbish chocolate anyway.
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Tavascarow
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Quote: | "We are now in a new world with a completely different level of food prices because of the direct link with fuel," he says.
He says biofuels are only affordable because of the high subsidies they receive, particularly in the US. |
What about the huge tax breaks the oil industry gets at the moment (particularly in the US) & the subsidised diesel prices for agriculture (red diesel)?
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oldish chris
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The important thing is that it is always somebody else's fault.
They are sort of right, the problem is multifactorial. Biofuels are partly to blame. Nestles is hardly a beacon of environmental virtue either. Cargills also blames the biofuel industry. In the past I've come across eco-warriors who verge on the apoplectic at the mention of the word "Cargill".
I do tend to avoid biofuel and Nestles, Cargills is a bit harder to avoid.
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tim_and_nicky
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They are mad.... contradicting each other....
food prices too high, food prices too low
Blame the rise in urban poor
What about the rise in populations generally?
And the dependence on oil based transportation.
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oldish chris
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not to mention Hedge Funds investing in commodities such as grain and soya.
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Shane
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Quote: | He says biofuels are only affordable because of the high subsidies they receive, particularly in the US. |
What about the huge tax breaks the oil industry gets at the moment (particularly in the US) & the subsidised diesel prices for agriculture (red diesel)? |