Biofuel boom threatens food supplies: Nestle

It's one thing when I say that biofuels can be a dangerous thing, but maybe if people hear it from a food company...

Biofuel boom threatens food supplies: Nestle: "Corn grows in a farm field near Seneca Illinois. Growing use of such crops wheat and corn to make biofuels is putting world food supplies in peril the head of Nestle the worlds 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.

'To grant enormous subsidies for biofuel production is morally unacceptable and irresponsible,' he told the Swiss newspaper NZZ am Sonntag."