Al Gore, who is decidedly well fed, is being blamed for creating a real crisis in the wake of his politically-motivated sham-crisis, Man Made Global Warming.
(sort of hard to acknowledge Global Warming as while I started this post, my grass which just started to go green is now covered in snow...on April 26th)
With prices for rice, wheat, and corn soaring, food-related unrest has broken out in places such as Haiti, Indonesia, and Afghanistan. Several countries have blocked the export of grain. There is even talk that governments could fall if they cannot bring food costs down.
One factor being blamed for the price hikes is the use of government subsidies to promote the use of corn for ethanol production. An estimated 30% of America’s corn crop now goes to fuel, not food.
Nice. So the federal government borrows more money to subsidize ethanol production, which weakens the dollar further, making oil even more expensive.
“I don’t think anybody knows precisely how much ethanol contributes to the run-up in food prices, but the contribution is clearly substantial,” a professor of applied economics and law at the University of Minnesota, C. Ford Runge, said. A study by a Washington think tank, the International Food Policy Research Institute, indicated that between a quarter and a third of the recent hike in commodities prices is attributable to biofuels.
What's the trade off of burning our food to "save the planet?" (notice the quotes?)
One fill up equals a year of nutrition for a human being (or three months if you're Al Gore).
“It takes around 400 pounds of corn to make 25 gallons of ethanol,” Mr. Senauer, also an applied economics professor at Minnesota, said. “It’s not going to be a very good diet but that’s roughly enough to keep an adult person alive for a year.”
Meanwhile, the ethanol industry, which sprung up mostly in response to Global Warming alarmists stands in peril as the world's governments say "Oops" in unison.
Way to go, Al.