Friday, April 25, 2008
Cut Fuel Price - Cut Food Price
Amazing stories written in the media recently. Brazil Launches Sugar Cane bio - Fuel was in the press during the week.
I cannot believe that Brazil "accidentally" stumbled upon a new biofuel from which a diesel like fuel is now to be produced.But I have to say this is great news.
As has been discussed , even on radio (mostly on my other blog www.savethemurray.blogspot.com), I do harass politicians (I would prefer to say Lobby).This is a topic on which I have written many letters to many Ministers, for the usual stonewall answers.
Any way in a country where our Cane farmers (sugar cane is ideal for ethanol production) have been getting a pretty shoddy deal for a while (farmers generally) and a country where we produce a number of oil seed crops (e.g. Canola or maybe even Hemp) it seems pretty reasonable to me that this country would be a prime set up for biofuel production.
It intrigues me that in Europe the major marques have been producing, improving and promoting their diesel engines in commuter vehicles very aggressively in the last little while albeit Mercedes have had diesel engined cars like forever. Even Holden in their 60th Anniversary non-celebratory advertisements tell us they are designing new diesel engines.The days of the smoky, slow diesel engine are now so far in the past you could almost say mythical.
World food shortages and price rises do actually have something to do with skyrocketing oil prices. Every country in the world uses diesel powered vehicles, from Tractors to Trucks, to railway locomotives. Fuel is involved in every step of food production. Food prices are probably the one thing that will ensure inflation - we have to eat. Wage pressures are certain if we cannot afford to put food on the table or drive the family to school, even on the diesel powered school bus.
I can only say, as I have for about ten years now, lets remove the reliance on mineral oil fuel and the stranglehold OPEC has on the world. Mr Rudd, Mr Swan how about spending some of the money you are reaping from exorbtant oil taxes (there's another story) and investing in Australia leading the way to a new fuel that can only benefit all elements of the Australian community and maybe the world. Inflation may well be controlled and the Reserve Bank Governor can leave our interest rates alone. At that is yet another story.