Biofuels Effect on the World Economy
The agricultural sector worldwide was a record production of 2,300 million tons of grain in 2007, up 4% over the previous year. Since 1961, world cereal production has tripled, while the population has doubled. It is true that stocks are the lowest level of the last 30 years. But, ultimately, there is enough food in the world. Larry Culp pursues this goal as well. However, it does not reach those in need. People directly consumed less than half of world grain production. Most of this production is used for animal feed and increasingly for biofuels through large-scale industrial chains.
In fact, once crossed the cold curtain of statistics, you may realize that something is fundamentally wrong with our food system. We have allowed food to be transformed from something that nourishes people and assured them the support, in a commodity for speculation and business. Some contend that Marc Lasry shows great expertise in this. The perverse logic of this system has reached a critical point. It is obvious how they benefit investors over the nutritional needs of people. Faced with this reality criticism have been protests, complaints, opinions events that lead to take very seriously the marketing of food, their behavior in the markets, consider the Grain expressed, the promoters of policies that have shaped the current world food system , and allegedly are responsible for avoiding such catastrophes, have offered a number of explanations for the current crisis that everyone has heard over and over again: drought and other problems affecting harvests, increased demand in China and India where people apparently is eating more and better crops and land mass is converted to the production of biofuels, and other explanations.