Over 20 groups comprising of processors, retail, environmental, hunger and food industry groups have launched a “Food Before Fuel” campaign urging US congress to revisit the nation’s food-to-fuel policies.
Campaign members are encouraging policymakers to “revisit and restructure policies that have increased our reliance on food as an energy source”.
Converting more than one-third of US corn to ethanol, with additional subsidies and tariffs further promoting the diversion of food to fuel, is currently mandated by Congressional policies. Reports state that these policies have contributed to record food price inflation.
It is further reported that the International Monetary Fund says that the US food-to-fuel policy is responsible for more than 30% of food price inflation globally.