All the rain forests are being razed anyway. When the Population Bomb came out around 1970, the central thesis was correct. There are _way_ too many people on earth. Ways of exploiting the planet blunted the impact for several decades, but it's clear that GM foods, _if_ they are a good thing, are a short-term fix. Like steroids or meth, they are not without their own problems. People as a herd are stupid and love to breed, so should we let them starve instead of employing this short-term Band-Aid? Rock/hard place.
I would question the term "nutritionally equivalent." Do they mean "chock full of the same vitamins and minerals discounting the innate low-level pesticide."