Good News For Biotechnology
March 15, 2000
Several recent events have lifted the spirits of supporters of genetically modified foods -- and furrowed the brows of environmentalist anti-biotech activists, says analyst Michael Fumento.
- An international Biosafety Protocol unanimously approved in Montreal by delegates from 133 nations will provide a framework for international trading of biotech crops and a clearinghouse for hard scientific information so countries can make decisions based on facts, rather than hysterical assertions.
- This event marks the first global affirmation of the potential and value of biotechnology.
- The huge Archer-Daniel-Midlands agribusiness company has reversed its announcement last fall that it would require farmers to segregate conventional and biotech grain -- after discovering that less than 5 percent of its customers object to genetically-modified foods.
- The Los Angeles Times, no biotech industry sycophant, came out editorially against anti-biotech proposals in California -- noting that biotech foods have been consumed for a decade with no adverse effect on public health.
A recent Roper Starch worldwide poll says the industry is probably overestimating public biotech concerns. The poll found that 73 percent of adult consumers surveyed would accept biotechnology as a trade-off for not using chemicals.
Source: Michael Fumento (Hudson Institute), "Biotech Food Fights May Be Over Soon as Facts Frustrate Fearmongers' Case," Investor's Business Daily, March 14, 2000.
Browse more articles on Environment Issues