When the Group of 20 heads of state meet later this week in London to discuss responses to the global financial crisis, one item directly affecting global food and energy security will be missing from the agenda: the regulation of commodity exchanges.
From the natural gas for manufacturing synthetic fertilizers to the intensive energy for food processing and commodity shipping, rising food prices have recently exposed the unwise dependency of our industrial food system on fossil fuel inputs.
The U.S. Congress voted a new Farm Bill into law
on May 22, 2008. The legislation was greeted with a
resounding �thumbs down� in Geneva, where the WTO has its headquarters. The negotiators�
reaction echoed that of President Bush, who promptly vetoed the legislation, saying
the Farm Bill would impede a conclusion to negotiations on the Doha Agenda at the