Bank said in a report leaked to Britain’s Guardian newspaper. The main drivers for food prices were programmes in the US and European Union to boost biofuels production, the report said. These findings run counter to claims by biofuels promoters who blame rising food demand in India and China for the sharp increases in global…
BIOFUELS: Growing crops for fuel blamed for 75% hike in food prices
Posted on July 30, 2008 by EnergyAsia