Ron Bailey writes about the “global food crisis” that has resulted in food riots across the world, in countries like Mexico, Pakistan, Indonesia, Yemen, Haiti, and Egypt. The crisis, he notes, is caused by “stupid energy policies” in the form of ethanol “mandates” and subsidies, which result in the world’s breadbaskets producing less food and more ethanol. Ethanol subsidies are causing hunger and unrest in Egypt, fueling the rise of Islamic extremism. Even liberal commentators now admit that ethanol subsidies are a “scam” that causes starvation in the Third World.












[...] Food riots are occurring across the world as the world’s breadbaskets shift from producing food to producing ethanol, making food scarcer and more expensive. Ethanol subsidies and mandates encourage this, even though ethanol production causes an enormous amount of environmental damage, deforestation, and soil erosion, does not reduce net greenhouse gas emissions, and causes inflation. [...]
[...] Ethanol Subsidies Cause Food Riots in Mexico, Pakistan, Indonesia, Yemen, and Egypt Posted by Hans Bader Welcome to OpenMarket.org! Please consider Subscribing to our RSS feed, so you don’t miss any of the news and analysis brought to you by CEI’s policy experts. Ron Bailey writes about the “global food crisis” that has resulted in food riots across the world, in countries like Mexico, Pakistan, Indonesia, Yemen, Haiti, and Egypt. The crisis, he notes, is caused by “stupid energy policies” in the form of ethanol “mandates” and subsidies, which result in the world’s breadbaskets producing less food and more ethanol. Ethanol subsidies are causing hunger and unrest in Egypt, fueling the rise of Islamic extremism. Even liberal commentators now admit that ethanol subsidies are a “scam” that causes starvation in the Third World. Ethanol Subsidies Cause Food Riots in Mexico, Pakistan, Indonesia, Yemen, and Egypt | OpenMarket.org [...]