China bans ethanol production to conserve corn

| 6/12/2007

While the U.S. and many other countries are racing to increase their production of corn-based ethanol, China has just placed a moratorium on the production of the biofuel.

According to Asia Times, the Chinese have witnessed a 43-percent increase in the cost of pork in the past year – largely because corn prices have escalated because of demands from the ethanol industry.

Pork is the main meat in the Chinese diet, according to the Times.

Here in the states, President Bush has called for the annual production of 35 billion gallons of ethanol.

Critics say that would require an additional 129,000 square miles of farmland – an area the size of Kansas and Iowa combined.