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GMO's Move Out--BASF Drops GMO Business in EU

For related articles and more information, please visit OCA's Genetic Engineering page.
This week BASF announced that it is moving its GMOs out of Europe. Will the English-speaking media lose its nerve and write about it? Based on past experience, my wager goes to the habitual policy of silence, and I expect that the news will continue all but unrecorded in English.  Most of us will not celebrate as we should.

Other languages do comment and give a little more detail, albeit still briefly. In German, the word is printed clearly: "BASF admits defeat", while in French: "The number one chemical concern in the world, the German BASF has announced on 16 January 2012 that it gives up the development and marketing of new transgenic products intended for the European Union."

Clearly put: one of the largest among the few who banked on the GMO route to do agriculture is giving up in its own home turf, defeated by public opposition to its products which evidently do not live up to expectations.

You will find some records in the business websites, mostly deploring the European hostility towards GMOs, the loss of jobs (about 150-170 in Europe, although many are relocated to North Carolina, for an overall loss of about 10 jobs altogether) and repeating again the idea that rejecting GMOs in the environment is tantamount to committing economic suicide and "rejecting the future" as if this was possible.


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