Four Agribusiness Firms Form Alliance for Abundant Food and Fuel

July 23, 2008 07:00 PM
 

via a special arrangement with Informa Economics, Inc.

Officials from ADM, John Deere & Co., DuPont and Monsanto Co. to unveil new group today

NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws.


A multimillion-dollar effort to urge Congress to grow the amount spent on international aid for crop and food programs will be announced today by officials from ADM, John Deere & Co., DuPont and Monsanto Co., in the formation of the Alliance for Abundant Food and Fuel. The pro-ethanol Renewable Fuels Association will be a nonvoting, ex-officio member.

Big-picture approach. The group’s newly appointed executive director, Mark Kornblau, and representatives from all four companies, said the alliance will take a big-picture approach to solving world hunger and the increased demand for fuel. “There was a desire on the part of all four of these companies, these founding members, to try to raise the discussion that’s going on in public policy circles about meeting food and fuel needs,” said Kornblau, a former chief counselor to then-presidential candidate ex-Sen. John Edwards (D-N.C.) and a one-time communications director for Sen. Evan Bayh (D-Ind.).

“They represent the entire agriculture value chain from planted seed to harvest to processing to market. There is an incredible wealth of untapped potential in agriculture to meet the food and energy needs that are growing around the globe," Kornblau said in remarks to Roll Call newspaper.

The group’s Web site, foodandenergy.org, also will go start today. There will be a media event at the National Press Club in Washington, D.C. this morning.

The alliance will lobby Congress for increased funding for USAID efforts that fund farming programs in developing regions such as sub-Saharan Africa, South Asia and Brazil.

It will also encourage Congress to support research to develop crop technologies. And it will push for policies to accelerate new cellulosic biofuels.


NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws.


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