Saturday, April 5, 2008

Biofuel boom threatens food supplies: Nestle

ZURICH (AFP) - Growing use of crops such as wheat and corn to make biofuels is putting world food supplies in peril, the head of Nestle, the world's biggest food and beverage company, warned Sunday. "If as predicted we look to use biofuels to satisfy 20 percent of the growing demand for oil products, there will be nothing left to eat," chairman and chief executive Peter Brabeck-Letmathe said.

I wonder if Nestle's concern about there being nothing to eat is really based on humanitarian issues or concern about future profits. I think it's about future profits. The world's governments, especially America realize heavily on oil, which will eventually run out, and there is no other choice but to find other renewable resources such as corn and wheat, and if that means that there is less products to produce chocolate or other nestle products so be it.

1 comment:

L Wilder said...

I think that Nestle is exagerating about there being no food sources in the future for people. I would suggest that they think about purchasing land to produce what they need to make their products. Also, Nestle is keeping quiet about how they are purchasing spring water and fresh lakes in U.S. communities for the sole purpose of bottling water. I do not see the company concerned about lack of free water for people in the future.