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U.N. Debate Over Food Prices Continues to Key on Biofuels

http://online.wsj.com/article/SB121248361250341033.html?mod=hps_us_whats_news

Calls for changes in biofuel and other agricultural policies met with resistance from U.S. and others…..

The United Nations called on countries at a global agriculture summit to rethink the production of biofuels and drop restrictions on food exports, saying these policies drive up food prices and cause hunger in poor countries. The U.N. took sides in the two heated debates Tuesday as it sought to mobilize aid for and investment in developing countries' farm sectors and secure access to food for the world's poor, as soaring food prices have triggered hunger and civil unrest in several developing countries. U.N. Secretary-General Ban Ki-moon said in a speech here that world food output needs to rise 50% by 2030 to meet the needs of a growing world population. "We have a historic opportunity to revitalize agriculture," Mr. Ban told delegates.

 

The Wall Street Journal; June 4, 2008

Submitted by J. Andrews

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