Wednesday, May 19, 2004

WOW! THE U.N. SUPPORTS G.M. CROPS

That will upset the Green/Left. Here's betting that they get that overturned

"Biotechnology, including genetic modification, must be backed by government money if it is to bring wide benefits to the developing world, the UN Food and Agriculture Organisation said on Monday. The organisation gave its strongest support yet to the possible benefits of biotechnology but stressed that a cautious crop-by-crop approach and more funding by national governments were crucial. So far, investment by the private biotech industry, totalling $3bn (?2.5bn, o1.7bn) a year, had been largely concentrated on four commodity crops: cotton, soya, maize and canola, or rapeseed.

Jacques Diouf, the FAO director-general, said: "Neither the private nor the public sector has invested significantly in new genetic technologies for the so-called 'orphan crops' such as cowpea, millet, sorghum and teff that are critical for the food supply and livelihoods of the world's poorest people.

In a report, the FAO gave its strongest backing to the use of biotechnology - including controversial transgenic techniques - saying it could increase yields.

It supported much of the current GM technology, saying it had already produced benefits. Some crops, notably insect-resistant cotton, had proven economic benefits for small as well as large farmers and the use of toxic chemicals had been reduced, it said. "The evidence also suggests farmers and consumers so far are reaping a larger share of the economic benefits of transgenic crops than the companies that develop and market them," it said."

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