Report Claims Biofuels Responsible For Food Price Rise

A new report argues the use of plant derived fuels has played a major role in witnessing dramatic rises in the prices of food. The World Bank report believes the use of biofuels has been a major factor in a rise of 75% in food costs such as bread, corn, etc… According to the Guardian, the World Bank report has not been made public to avoid angering Bush since it contradicts his claim that biofuels are only responsible for about a 3% increase in prices. To reveal their conclusion, said a source, “would put the World Bank on a political hot spot with the white House.”

There is evidence the impact of biofuels on food prices is not being made public to prevent possible antagonism for use of plant-derived fuels. Robert Baily, of Oxfam, believes “political leaders are intent”on suppressing this information.

Brazil has mainly used sugarcane in making its fuel, a crop which is not critically important to the diet of people. Perhaps, it is time to restrict use of fuels made from plants to a group of plants.

Related Posts