So-called organic fuels have caused an increase of food prices by 75%, according to an unpublished report of the Global Bank (GB).The publication pointed out that the report was completed in April, but was not published to avoid to put in a delicate situation the U.S. government, which claimed that biofuels led to an increase of food prices with only 3%.
More Biodiesel - More Expensive Food
More Biodiesel - More Expensive Food
(via www.econewz.info)
Submitted by econewz on Sat, 2008-07-05 19:40.
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