Biofuel production boosts food prices by 75%, report suggests

CBC News | Full Story | The production of biofuels has driven up food prices 75 per cent, according to an unpublished World Bank report obtained by the Guardian.

The British daily suggests the report has not been released so as not to embarrass U.S. President George Bush, whose government had suggested biofuels accounted for a three per cent increase in food prices. >>

Published 08.07.04 02:00:00 -0500 GMT | Posted by Andrew Garib on 08.07.08 | |

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