Another township coming up. How about also allocating space for organic vegetable farms and orchards? With food prices soaring and the not impossible prospect of global food shortages, we need to be self-sufficient in food.
Business Times, 7 June 2011
The way we go about planning the economy without a thought to the environment is worrying. Sometimes a cartoon can say so much more than words.
Friend of mine bought a tomato for RM1.20 at the Tanjung Bunga market.
Now you would think a RM1.20 tomato would have to be pretty special.
No, this was just a little tomato, not even big and juicy.
Unlike ordinary tomatoes that would rot in a few days if left in the open, this one could keep for a while. Makes you wonder.
If a tomato could cost RM1.20, imagine the prices of other fruit and vegetables. The question is, how are the lower-income group coping? As food prices soar, as real wages remain stagnant and as overtime pay is slashed, many among the working class are struggling to put food on the table for their families – while some of our leaders squander our nation’s resources and their spouses go on shopping sprees abroad.
Blog reader Sam Gopal has this to say:
Anil,
You have been advocating strongly for a STRONG and WORLD CLASS public transport system. At this very time you are asking the Government to lower petrol prices. Lowering petrol prices will only make the public go back to using their cars even more. I think the push is for the Government to maintain a levy of petrol and then use this MONEY effectively to IMPROVE PUBLIC TRANSPORTATION system. Lets not jump into the bandwagon and simply oppose for the sake of opposing.On the other hand LGE is making ludicrous demands of giving RM6,000 per family using PETRONAS money. Seriously, why can’t he talk about using this money to improve public infrastructure? The very thing China is doing, pumping in USD600 BILLION plus to improve infrastructure, and not handing out money to its citizens just like that, where ther is NO Return On Investment, except paying for more imports with this sort of money handed out.
To clarify, I am not advocating a total peg to the market price. So while a price of around RM1.50/litre might be the real market price price based on the current global market price for crude and the historical trend (as Penang CM Lim Guan Eng has suggested), it might not be prudent to use that price. A price reduction, yes (to provide immediate relief for people affected by the slowing economy), but not a total free float.
I believe in the long run, we need to tax fossil fuels, which are a polluting, non-renewable resource. This could take the form of a small levy to invest in renewable energy (solar, for instance), public transport and other conservation projects. Such a levy should accompany immediate significant improvements in public transport – but so far, all the past promises of improved public transport have not materialised. This levy must go into a special “green fund”, which must be carefully and transparently managed.
Only problem is I don’t think it’s possible to have such a transparently managed fund under this administration; if the fund is not managed properly, the money could so easily be squandered in dishing out inflated contracts to cronies, as we all know. It is risky to talk about pumping in billions into infrastructure when we know there are many “leakages” along the way. Public spending should be for the widest possible public benefit and not just to profit some big-time crony contractors.
While all focus is on higher oil prices, not enough attention has been given to higher food prices. Now, it has been suggested that the higher prices of food (and fuel) are being driven by extraordinary speculation in commodities by index-linked speculators. These speculators are said to be exploiting a “swaps-loophole” in US banking regulations, which allow certain huge investment banks to act as intermediaries and dealers in entering into index-linked futures contracts, which are quite unlike the normal futures hedging, where positions are regularly unwound.
So how do we tackle higher food prices? Food security and self-sufficiency will help. There is no reason why each state in the federation cannot be self-sufficient in fruit and vegetables. We have fertile soil and a favourable climate. For instance, Penang once had thriving vegetable farms on the island; now a lot of our veg comes from Cameron Highlands. Penang still has fruit orchards in Balik Pulau and paddy fields on the mainland. These farmers need our support. The state could encourage more organic farming – even though agriculture might come under federal purview.