Tuesday, March 25, 2008

[PBN] Nestlé: Biofuel boom threatens food supplies

From: Agence France-Presse
First Posted 07:43am (Mla time) 03/24/2008

ZURICH—Growing use of crops such as wheat and corn to make biofuels is
putting world food supplies in peril, the head of Nestlé, the world's
biggest food and beverage company, warned Sunday.

"If as predicted we look to use biofuels to satisfy 20 percent of the
growing demand for oil products, there will be nothing left to eat,"
chairman and chief executive Peter Brabeck-Letmathe said.

"To grant enormous subsidies for biofuel production is morally
unacceptable and irresponsible," he told the Swiss newspaper NZZ am Sonntag.

While the competition is driving up the price of maize, soya and wheat,
land for cultivation is becoming rare and water sources are also under
threat, Brabeck said.

His remarks echoed concerns raised by the United Nations' independent
expert on the right to food, Jean Ziegler.

Speaking at the UN General Assembly last year, Ziegler called for a
five-year moratorium on all initiatives to develop biofuels in order to
avert what he said might be "horrible" food shortages.

Diplomats from countries pursuing such fuels, such as Brazil and
Colombia, disagreed with his forecast.


Check for earlier Pacific Biofuel posts: http://pacbiofuel.blogspot.com/

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