ICST expresses serious concern over usage of crops to produce fuel
ISLAMABAD: Islamabad Chamber of Small Traders (ICST) expressed serious concerns over increasing trend of using crops to produce fuel and called for a worldwide ban on it, as it is against the interests of human population on Sunday.
Patron ICST Shahid Rasheed Butt said, “Using crops to produce fuel in a bid to reduce dependence on fossil fuel is a failed initiative, which should be abandoned immediately. The ban on biofuel production can save the world from food crisis and improve food security situation, while reducing malnutrition and starvation around the world.”
He added,” The agricultural system is subject to the weather, which if become unfriendly could lead to severe grain shocks resulting in food security issues.”
Butt said that all the countries especially United States should revisit politically attractive policies like reduced dependence on fossil fuels to care for the hungry mouths around the world. The suspension of biofuel production, relaxing fuel blending rules and discouraging fresh investments in the production can boost supplies to people and livestock.
The renewable energy production in the United States (US) is only equivalent of about 40 percent of total maize production, which can be channelled towards food uses, he informed.
He further said that Biofuels account for 12 percent or nine billion gallons of all automotive fuels sold in the US; as every gallon is derived from 12 kilogrammes of corn, that around 350 kikogrammes of corn is converted into fuel to fill the tank of a car, which is sufficient to feed two persons in any developing country for a year.
America is using 33 percent of the corn production to make fuel, which is satisfying 1.3 percent of its total oil consumption, he added.
Many other countries are also perusing biofuels policy at a time when nearly 60 percent of the world population goes hungry, Butt further informed.
He said the policymakers around the world should reconsider encouraging the biofuels, which add to suffering of economies, environment, and the world.