Billions needed to boost food production, says DuPont committeeReuters) - High-tech seeds and innovations in chemicals and farming will not be enough to solve looming food shortages for the world, according to a report issued Tuesday by a committee formed by food and chemicals conglomerate DuPont.
"People are starting to recognize that food demand is outstripping supply," said DuPont executive vice president Jim Borel, who oversees DuPont's agriculture and nutrition business. "If the world doesn't figure out how to effectively deal with this challenge, then the results are ugly," he said. "It is becoming clear... that society has to figure out ways to work together differently than we ever have."
The report stated that lagging public policy support for increased food production, outdated and ineffective infrastructure, and a lack of cohesive efforts by public and private players were among the many hurdles to increasing food production. And the report cited subsidies and trade distortions as problems that have distorted the international food and agricultural system.
Anyone for a quick round of "Limits to Growth"? How about you, Mr. Malthus? Feeling up to the challenge?
I get it that DuPont is trolling for regulatory favours for their biotech, but the committee is talking about much wider global needs than just Frankenseeds.