Skip to content

Sunday, November 22nd, 2009

FOOD vs FUEL BALANCE

June 7, 2008 by ren  
Filed under Finance

In the recently held World Food Crisis Summit in Rome, UN FAO Director General Jacques Diouf pointed out several factors that contribute to the food crisis: ” . . . the restrictive measures taken by producing countries to meet the needs of their populations, the impact of climate change and speculation on futures markets will place the world in a dangerous situation . . . whatever the extent of their financial reserves, some countries might not find food to buy.”

He called for “innovative and imaginative solutions”, including “partnership agreements … between countries that have financial resources, management capabilities and technologies and countries that have land, water and human resources.”

Cereals to FuelDr Diouf found it ” . . . incomprehensible that subsidies worth US$11-12 billion in 2006 were used to divert 100 million tonnes of cereals from human consumption mostly to satisfy a thirst for fuels for vehicles.”

Dr Diouf is addressing governments and world leaders. What can we individually do?

images from Microsoft Clipart, reconstructed by Ren Garcia

  • StumbleUpon
  • Digg
  • Facebook
  • Mixx
  • Google
  • TwitThis
  • Reddit
  • Yahoo! Buzz
  • Slashdot
  • E-mail this story to a friend!
  • BallHype
  • YardBarker

Comments

One Response to “FOOD vs FUEL BALANCE”

Trackbacks

Check out what others are saying about this post...
  1. [...] Business Web Directory Blog wrote an interesting post today onHere’s a quick excerpt In the recently held World Food Crisis Summit in Rome, UN FAO Director General Jacques Diouf pointed out several factors that contribute to the food crisis: ” . . . the restrictive measures taken by producing countries to meet the needs of their populations, the impact of climate change and speculation on futures markets will place the world in a dangerous situation . . . whatever the extent of their financial reserves, some countries might not find food to buy.” He called for “innovative and [...]



Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!


About Us | Advertise with us | Blog for EveryJoe | Privacy Policy | Terms of Use
Get This Theme | Sitemap


All content is Copyright © 2005-2009 b5media. All rights reserved.