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Article

6 Aug 2007

Author:
Antonio José Ferreira Simões, director of Department of Energy, Brazilian Ministry of Foreign Affairs, in Intl. Herald Tribune

Biofuels will help fight hunger

[I]f we maintain the current rate of oil consumption..., we will surely be heading in the direction of unprecedented climate change...[I]f oil demand continues to increase, prices will skyrocket, terribly affecting poor countries... Additionally, the increase in oil prices will have serious consequences on the price of food products... One of the most common myths is that biofuels will necessarily compete with food production... Production of biofuels in developing countries would...[cause millions] of jobs [to] be generated, thus increasing...food purchasing power of the poorest. Furthermore, production of biofuels in the South would help avoid redirecting the use of food-producing land in the North for this purpose.