Word: corns
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...heading off devastating climate change--and to sidestepping out-of-sight oil prices along the way--is to improve technology. We need good alternatives to fossil fuels, not the ersatz variety in which we convert corn to ethanol and then face soaring food prices. We need to harness vast amounts of solar power and start storing the carbon dioxide emitted by coal-fired power plants underground. We need green buildings that demand less energy for heating and cooling, and automobiles that get vastly more miles per gallon...
...longer just threatening Australia's $30 billion agricultural economy, the drought is contributing to soaring world food prices - rice, wheat and corn prices have more than doubled in the past two years - which in recent weeks have triggered panic buying, hoarding and a string of riots across the developing world. "International agencies are belatedly recognizing," says Julian Cribb, a professor of science communication at Sydney's University of Technology, "that the global food crisis is much closer than the climate change crisis or even the next oil crisis...
...cluster of factors is depleting the world's supply of grains. In Europe, the U.S. and Asia, more farmers are growing crops, especially corn, not as food but for conversion into biofuel. Meanwhile, demand for food is surging in China and India, where hundreds of millions of increasingly prosperous people are eating more. Though the demand in these countries is for less rice and more meat and fish, this increases the consumption of grain in the form of feed: it takes 7-15 kg of grain to produce a kilogram of meat. Record-high oil prices and escalating freight costs...
...dairy products, for instance, and that's exactly what's happening in China and India. That growing demand will naturally push up prices over the long term. But it's debatable whether the huge price run-ups in the past few months for staples such as rice and corn can be pinned on China and India alone. Short-term factors-such as the huge boom in biofuel production and the skyrocketing cost of fuel that has pushed up fertilizer and transport prices-play a big part too. But to pretend that tens of millions of Chinese and Indians...
...great challenge, our great battle, is to produce food in Nicaragua," Ortega said. "We have to fill Nicaragua with food, even in our yards at home, we have to plant a little bit of beans and corn. This will mean income, and will assure us food... it will allow us to export to international markets, to the rich countries that have money to pay for these products...