<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/74a2ba1e-1e62-484b-aa05-84e730956f3c/6F40443A-3805-4352-AE03-233381626C4A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.cfr.org/publication/13602/prospects_for_biofuel_development_rush_transcript_federal_news_services.html?breadcrumb=%2Fissue%2F426%2Fenergy" href="http://www.cfr.org/publication/13602/prospects_for_biofuel_development_rush_transcript_federal_news_services.html?breadcrumb=%2Fissue%2F426%2Fenergy" style="font-size: 11px;">www.cfr.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cfr.org/publication/13602/prospects_for_biofuel_development_rush_transcript_federal_news_services.html?breadcrumb=%2Fissue%2F426%2Fenergy">President Bush's State of the Union message indicated a target of 35 billion gallons of renewable fuels by 2017.  The morning after he made his speech, I did a quick calculation and at current production levels that would -- assuming it were met entirely by ethanol -- require 108 percent of the U.S. corn crop -- so no corn for you or me, just corn for ethanol.  No corn for hogs; no for corn for cattle; no corn for poultry, et cetera.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cfr.org/publication/13602/prospects_for_biofuel_development_rush_transcript_federal_news_services.html?breadcrumb=%2Fissue%2F426%2Fenergy">The International Food Policy Research Institute has predicted that if current ethanol trends continue we can expect to see increases in the price, not just of corn, but wheat, soybeans, and even unlikely crops such as manioc which is a staple of the poorest of the poor in Latin America and Africa. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cfr.org/publication/13602/prospects_for_biofuel_development_rush_transcript_federal_news_services.html?breadcrumb=%2Fissue%2F426%2Fenergy"> People will not die in dramatic ways -- they'll become less well-nourished.  Most of them will live in rural subsistence or in urban slums.  They'll become sicker and they will die -- but quietly. </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6F40443A-3805-4352-AE03-233381626C4A/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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