GM crops: the global economic and environmental impact - the first nine years 1996-2004
2005
G. Brookes | P. Barfoot
This paper explores the specific global economic impacts of GM crops on global agriculture over the period 1996-2005. In particular, it assesses the impact on farm income and environmental impacts, examining pesticide usage and greenhouse gas emissions for each of the countries where GM crops have been grown since 1996. <br /><br />The analysis concludes that: there have been substantial net economic benefits at the farm level amounting to a cumulative total of US$27 billion. the technology has reduced pesticide spraying by 172 million kg and has reduced the environmental footprint associated with pesticide use by 14%. GM technology has significantly reduced the release of greenhouse gas emissions from agriculture, which is equivalent to removing five million cars from the roads. (adapted from author) <br /><br />
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