Word: biofueled
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Dates: during 2000-2009
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...Sure, I’m pretty special and all, but really? As a student doing a small project on the biofuel industry, I wasn’t exactly expecting unsolicited help from the government...
...While my text message may have been a Tanzanian phenomenon, biofuel is a global issue that arrived in East Africa on the coattails of Western investors. The industry offers tremendous promise but also poses serious risks for countries like Tanzania. As with any endeavor abroad, it is difficult to recognize the widespread repercussions of our actions and therefore we must proceed carefully. If we are too eager to have Africa subsidize our rapacious consumption habits, we may be imposing eco-colonialism rather than pursuing a sustainable solution to our problem...
...world’s demand for biofuel can be attributed to several factors including the European Union’s alternative energy targets, American fear of dependence on the Middle East, and the rise in the price of fuel. As fuel prices skyrocketed up to $145 a barrel this summer, biofuel became an increasingly appealing and economically viable solution to our oil addiction. But we are really addicted to oil, and what little ethanol the U.S. produces domestically (made from surplus corn that we used to donate as food aid) has not been able to cut it. In order...
...Tanzania, and more generally, East Africa, is a prime target for biofuel production because many, including Tanzania’s Ministry of Energy, would argue that there is plenty of land and labor to grow this global environmental solution. In addition, much of East Africa has a suitable climate for jatropha and sugarcane, crops that produce bio-diesel and ethanol. And the good news continues for Africa, because with foreign investment comes capital and the opportunity for job creation and poverty reduction. Farmers may gain access to credit and better technology for their own production, while Tanzania gains political leverage...
...states, "The median farmer's net worth is five times the median American's." Of course it is--farmers own tons of acres; but let's see you try to operate your business when all that net worth is tied up in land. In addition, he claims, "the biofuel boom is also jacking up the price of grain." Yet the price of corn has fallen at least 50% since its peak. Revising the bill is a good idea, but in doing so, we must realize that we will make food more expensive, since some farms will go broke. Sometimes these...