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« Maize for Biofuels: The Ultimate Energy Crop | Main | EnerDel to Provide Lithium Batteries for Th!nk Electric Car »

October 18, 2007

Comments

One word:

Duh

Jeff Baker

95 Percent of 2,200 Survey Participants Blame RISE IN OIL PRICES for Increased Cost of Food ( Not Bio-Fuels )

By Chris Kirk
Takeaways

72 percent of adults in the survey believe higher oil prices led to higher food costs.

Only 35% of the adults in the survey feel ethanol would contribute to higher food costs.

78 percent believe use of ethanol would reduce the country's dependence on oil.

Ross

What do economists say? The ones who can take a look at the actual numbers and in many cases, discriminate between possible correlative factors?

And the IMF's credibility is in the toilet. My suspicion is that this announcement is simple pandering to those who want the IMF to develop a reputation of caring for the countries whose economies it destroys.

Term Papers

The report questioned wheter it was advantageous for rich countries to turn to biofuel production in the face of rising oil prices.

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