Andrew ([info]prock) wrote,
@ 2008-03-20 18:44:00
Previous Entry  Add to memories!  Tell a Friend!  Next Entry
The Law Of Unintended Consequences
peak oil + biofuels = expensive bread

(Post a new comment)


[info]corey_m
2008-03-21 02:39 am UTC (link)
Nah, biofuels + $8 trillion in commodities funds....

(Reply to this)(Thread)

[info]prock
2008-03-21 03:19 am UTC (link)
Not sure what you're saying here.

All I'm pointing out is that using food as fuel links the price of food to the price of fuel. I'm not actually making a statement about the way things are today.

(Reply to this)(Parent)(Thread)

[info]corey_m
2008-03-21 03:37 am UTC (link)
I was talking about the soaring price of wheat lately caused by biofuels and massive speculation in commodities.

(Reply to this)(Parent)(Thread)

[info]prock
2008-03-21 03:52 am UTC (link)
Yeah, I don't buy wheat. I do buy that there's a commodity bubble though.

(Reply to this)(Parent)

[info]abostick59
2008-03-21 11:14 pm UTC (link)
But, given the way food is produced in the US, the price of food has already been linked to the price of fuel.

The trouble with biofuels is that they are a very inefficient means of transforming petroleum into ethanol. It's not clear that this is a worse deal than transforming it into high-fructose corn syrup, which is what we've been doing before the advent of biofuels.

(Reply to this)(Parent)

Create an Account
Forgot your login?
Login w/ OpenID
English • Español • Deutsch • Русский…