Food or Fuel?
It’s evil corn at work again: A secret World Bank report says that the production of biofuels is using up land that used to produce food, leading to a 75% increase in global food prices despite the US government’s allegation that biofuel production has only increased food prices by 3%.
The World Bank report, which was completed in April, has not been publicly released so as not to embarrass the Bush administration. In the July 4th edition of the Guardian newspaper Aditya Chakrabortty quotes a World Bank official as saying, “It would put the World Bank in a political hot-spot with the White House.”
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