Mr. Speaker, my learned colleague has demonstrated his expertise in the area of agriculture and today gave us an indication of his insights into developing economic innovations.
Could I get his comments, especially from an agriculture perspective, with respect to what is happening in the biofuel industry and the implications for agriculture, international affairs and the automobile industry?
My colleague is aware of the numbers the government side tried to put forward and that every time there is a 10% increase in the number of automobile owners in India and in China alone, there will be an additional 200 million cars on the roads requiring some kind of fuel. I know he is aware of those figures. He is aware as well that the international demand for energy consumption is flowing into what we are talking about today, and that is biofuel, biomass and the demand on agriculture production worldwide.
My colleague talked about the production of cheap corn in the United States and what happens not only in the United States, but everywhere else. For example, Nebraska is dedicating an additional one million acres for the production of corn dedicated to ethanol production. It is already producing some one billion gallons of ethanol on an annual basis. Four hundred and fifty plants are scheduled to go into production this year in the United States alone.
With these kinds of pressures, does he not believe that the price on agricultural products, specifically food products, will continually escalate upward and that farmers will be protected by the increased demand that takes place not only in North America, but worldwide and has already hit critical and urgent proportions in Europe today?
I ask him to think about that for a moment while he reflects on the fact that South Africa is already considered the Middle East of the biofuel industry. It has already dedicated over one billion acres of land to the production of biomass for biofuel production. Brazil, India and Indonesia are dedicating literally tens of millions of acres of land that would normally go to feeding the world's hungry, and we are all going to be hungry. There is greater demand in those parts of the world, a demand that reflects back on our obligations for food aid and world commitments that we have already made.
My colleague knows—