Tuesday, July 8, 2008

World Bank Says BioFuels Responsible For 75% Hike In Food Prices

Over at Autoblog Green (which has a nice new design and favicon) they're saying that The Guardian ran a news item stating that The World Bank has come out and said that Biofuels are responsible for a 75% increase in food prices.

The previously mentioned group Food Before Fuel estimated a measly 30% increase and the US government reckons it was only 3%... but they also said they landed on the moon and nothing crashed at Roswell.

I think the worst part of the story is that the report was released in April but was withheld so as not to embarrass George W. Way to go!

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