Monsanto’s Stock Becoming High Risk as Demand for GMO Labeling Grows – August 15, 2013
More than 90 GMO-labeling bills were introduced in at least 26 US states over the past year
This article orginally appeared in EcoWatch
Whether you believe genetically engineered (GE) foods ought to be labeled or you believe they ought to be outright banned, this very debate means bad news for notorious Big Ag biotech giant Monsanto.
Photo by Alexis Baden-Mayer/Flickr
In a recent article published by conservative Canadian newspaper The Globe and Mail, well-known growth investor and columnist Chris Umiastowski, P.Eng., MBA, wrote about the instability of Monsanto’s longterm stock value in light of the swelling demand for GE labeling. Citing his focus on long term stocks, he notes:
… it’s just as important to know what stocks… more
Oil and gas industry campaign contributions a bi-partisan affair
As fracking has made its way through several states, those concerned with its inherent dangers have vehemently voiced their opposition to the practice, but their concerns have fallen on deaf ears. While communities across the country have pleaded for bans and long-term moratoriums on the practice, many state leaders have pushed forward with weak regulations, most of which have been created through consultation with industry. It’s obvious that industry, with its misleading promises relating to new jobs and improved local economies, has serious influence when it comes to state-level politics. But just how much influence do they have?
While it’s… more
Farm Bill Extension in Fiscal Cliff Deal a Disgrace – January 3, 2013
Move reflects the skewed priorities that continue to produce an unbalanced farm and food policy, say critics
Buried in the 150-page “fiscal cliff” tax bill passed New Year’s Day is a last-minute farm bill extension that buys time for Congress to craft and debate food and farm policy for the long haul since they failed to complete a much-needed overhaul of the federal farm programs in 2012.
Instead of eliminating the wasteful direct payments program, the bill passed by Congress cuts funding for organic agriculture, clean water and beginning farmer initiatives. The extension perpetuates the widely discredited direct payment farm subsidies that will send $5 billion this year alone to large farming operations that already reap record profits.
This move… more