Thursday, March 22, 2007

ethanol fuels beginning of the end for farm subsidies?

From Small Dead Animals - here is something that never occurred to me, though it seems obvious now that I've thought about it - as research makes ethanol fuels more plausible, they are going up in demand, and the grains that are used to produce ethanol are (naturally) becoming more expensive worldwide.

Could this be the beginning of the end of farm subsidies? Will ever-higher demand for grains allow African nations to make a significant entry to the grains market and begin to pull themselves out of poverty?

It will be very interesting to see how this develops.

(x-posted to Liberty is Good)

No comments: