Saturday, March 26, 2011

Biofuel policy is causing starvation, says Nestlé boss

Biofuel policy is causing starvation, says Nestlé boss - Business News, Business - The Independent
"Soaring food inflation is the result of 'immoral' policies in the US which divert crops for use in the production of biofuels instead of food, according to the chairman of one of the world's largest food companies.

Peter Brabeck-Letmathe, the chairman of Nestlé, lashed out at the Obama administration for promoting the use of ethanol made from corn, at the expense of hundreds of millions of people struggling to afford everyday basics made from the crop."

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