Today in Biofuels Opinion: “Our corn supply is plentiful enough to meet everyone’s needs.”
The National Corn Growers Association: “First, our corn supply is plentiful enough to meet everyone’s needs…According to the current U.S. Department of Agriculture forecast, we will meet all needs and have more than a billion bushels left over after the 2008 harvest. Projections for when the renewable fuels standard reaches it maximum of 15 billion gallons of corn ethanol show that we also will produce more than enough corn for food, feed and other uses – including ethanol production.”
Policy Exchange, a UK consultancy: “In the UK alone, biofuel subsidies cost £550m annually. In 2005, a similar investment in preventing deforestation and peatland destruction could have offset the equivalent of up to 37% of all UK CO2 emissions. In the UK we can dramatically increase funding for forest and peatland projects domestically and with key partners, especially in South-East Asia, as well as lobbying at an international level for the right global policies. All this can be done within our current budget, by ending wasteful and damaging biofuel subsidies.”
