Biofuels behind food price hikes: leaked World Bank report

September 15th, 2008 |

Thanks to Joyce Tarnow for this article.
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Biofuels have caused world food prices to increase by 75 percent, according to the findings of an unpublished World Bank report published in The Guardian newspaper on Friday.

The daily said the report was finished in April but was not published to avoid embarrassing the US government, which has claimed plant-derived fuels have pushed up prices by only three percent.

Biofuels, which supporters claim are a “greener” alternative to using fossil fuel and cut greenhouse gas emissions, and rising food prices will be on the agenda when G8 leaders meet in Japan next week for their annual summit.

For full article, visit:
http://news.yahoo.com/s/afp/20080704/

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One Response to “Biofuels behind food price hikes: leaked World Bank report”

  1. Steve Salmony Says:

    Somehow we have got to find more effective ways to communicate about global threats and impending dangers. People are not saying loudly, clearly and often enough what they know to be true….not speaking truth to power.

    Politicians are posing for the public and pandering to those with great wealth; business investment brokers are devising pyramid schemes, stealing billions and “breaking” the bank; and the mass media is turning a blind eye to the entire mess.

    Such woefully inadequate leadership needs to be identified and replaced.

    The family of humanity could soon, very soon, be confronted with an economic and/or ecological wreckage of an unimaginable kind; but, because people are not reasonably and sensibly communicating with one another, the chances for taking the measure of certain ominously looming global challenges and finding reality-oriented solutions to them are diminishing day by day.

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