From the NY Times: “Citing falling grain productivity, rising resource prices (and, of course, dwindling resources; they are finite after all), snowballing water problems, declining returns from the use of chemical fertilizers, increasing energy costs, a lack of will, investment theory that is “ill-informed, manipulated, full of inertia, and corruptible,” and a newly unfavorable climate, Grantham concludes that we are “about five years into a chronic global food crisis that is unlikely to fade for many decades.”
Discussing food security and the global food crisis on the phone, Grantham was if anything more emphatic: “We have to go to an organic sustainable system or we’ll starve,” he told me. And he elegantly counters the arguments that large-scale organic agriculture (or whatever it will be called when it becomes dominant; the agro-ecological method, perhaps) cannot be profitable. (Remember, this is a guy who does profit for a living.)” Read the rest…