Africa: Fueling the destruction of African agriculture
23.05.2011
The head of the US Department of Agriculture recently announced an incentive program that would subsidise up to 75 per cent of the costs for establishing new US agrofuel plantations, in an 'effort to promote production of fuel from renewable sources, create jobs and mitigate the effects of climate change'. This 'incentive' is a hand-out to agribusiness, and despite the industry’s 'green' fuels hyperbole agrofuels could actually have a negative impact on atmospheric carbon when land use changes are factored in. These subsidies are a public handout to Monsanto, Cargill, BP and Chevron, says this article on the website of the Institute for Food and Development Policy.