Biofuels Effects According To Stenholm
Former Texas Congressman Charles Stenholm was the moderator for our second session here at the Farm Foundation Global Trade & Policy Issues conference. I don’t think you’ll find anyone more knowledgeable about the policy side of this discussion.
He says that it’s clear to everyone that the price of our basic commodities which was extremely beneficial to our producers has had a tendency to increase the price of food. He says that it’s had a major affect on our livestock producers. He thinks Congress has a difficult challenge in front of it. He’s all for alternative biofuels but he wonders about subsidizing biofuels for example. One thing he thinks we should have looked at is a counter cyclical program. We’ve heard it said before but he said it again, that the price of corn will be set by the price of oil.
You can listen to my interview with Mr. Stenholm here:
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You can download the interview with this link (mp3).
You can find photos from the conference here:
Transition To A Bio Economy Conference: Global & Trade Issues Photo Album
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Providing us with a “Technical Global Biofuels Analysis” here at the Farm Foundation Global Trade & Policy Issues conference was Thomas Alfstad, Brookhaven National Laboratory.
Michael Schaal is with the Energy Information Administration which is part of the U. S. Dept. of Energy. He spoke early on the program at the Farm Foundation conference about the global outlook for energy.
Today and tomorrow I’ll be covering the Farm Foundation,
Domestic Fuel will be there as the Farm Foundation hosts the next in its series of meetings to talk about what needs to be done for this country… and the world, for that matter… transition to a bioeconomy.
The world faces some serious challenges… as pointed out in a Farm Foundation report released last December (see
As you might remember from our multiple posts back in October and December , Farm Foundation has been hosting a series of meetings that add some important talk about the issues surrounding biofuels (just search “Farm Foundation” on this Web site to get an idea of some of the discussion). At the end of this month, the organization will be hosting another conference in that same vein.
Last summer, crude oil prices were skyrocketing to around $150 a barrel, and we were all sweating the $4-$5 a gallon fuel prices every time we pulled up to those gas pumps. It was during this time of anxiety that the debate around the role biodiesel and ethanol were playing in food price spikes that were also hitting everyone hard in the pocketbooks. Our friends at Farm Foundation took on this debate when they released in July 2008 the report, What’s Driving Food Prices?
Wind energy is an important resource for the country, and our friends at