Sentences with phrase «rising ethanol production»
Another factor putting upward pressure on food prices is rising ethanol production.
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Between 2003 and 2007, corn - based ethanol production in the United States rose from 2 billion to 5 billion gallons.
Searchinger's outlook is bleaker: He estimates that the rise in corn - based ethanol production in the United States would increase greenhouse gases, relative to what our current, fossil - fuel - based economy produces, for 167 years.
* U.S. ethanol production falls 32,000 bpd to 872,000 bpd * U.S. weekly ethanol stocks rise to 18.8 mln barrels (Corrects recent high in ethanol futures to three - year high from record high, paragraph eight) By Michael Hirtzer CHICAGO, July 13 (Reuters)- U.S. ethanol production fell 3.5 percent while stocks climbed in the latest reporting week, despite profitable margins at many biofuel refineries.
«Since 2000, global wind energy generation has more than tripled; solar cell production has risen six-fold; production of fuel ethanol from crops have more than doubled; and biodiesel production has expanded nearly four-fold.
Rising domestic oil production and a global energy glut have all but nullified the pitch that ethanol would help wean the country off foreign oil.
«The biofuels researcher Timothy Searchinger has calculated that once the massive release of greenhouse gases cause by converting grassland and rainforest into cropland is taken into account, introduction of biofuels produces increases in greenhouse emissions, the size of the rise being as much as a doubling for corn ethanol production,» Montford tells us.
When demand for corn ethanol rose, so did corn prices, as did the acres diverted to corn production.
This reflects the reality that approximately 40 percent of the corn crop now goes into ethanol production, a dramatic rise since the first ethanol mandates were put in place in 2005.
The food group is suing because, as a result of EPA's E15 waiver, ethanol production will increase and demand for corn (a necessary raw material for ethanol) will rise significantly.
As corn prices have risen, refineries have scaled back production, idled dozens of plants and sold ethanol inventories.
Ed Schafer, the U.S. agriculture secretary, tried to deflect blame from the ethanol subsidies, claiming biofuel production only accounted for 2 - 3 % of the rise in food prices.
By subsidizing the production of ethanol, now to the tune of some $ 6 billion each year, U.S. taxpayers are in effect subsidizing rising food bills at home and around the world.
The US agriculture secretary, Ed Schafer, stirred controversy on the eve of the Rome summit with his defence of corn ethanol, arguing that biofuel production only contributed «2 to 3 %» to the recent dramatic rise in global food prices.
He also reserved criticism for the recently enacted energy law, which calls for a fivefold increase in biofuel production by 2022, stating that its promotion of corn ethanol would lead people to «starve to death in parts of the world» as a result of rising food prices.