As food prices rise around the world, evidence that the biofuels initiatives are the cause keeps becoming clearer. As the entire issue of petroleum alternatives has become most pressing, the relationship between the diversion of food stocks to fuel stocks has been guessed at, but there have been few firm numbers of the impact.
Today The Guardian seems to have found the smoking gun.
First, a review. We have discussed this topic many times:
Secret report: biofuel caused food crisis
Internal World Bank study delivers blow to plant energy drive
Aditya Chakrabortty | The Guardian, Friday July 4, 2008
Biofuels have forced global food prices up by 75% – far more than previously estimated – according to a confidential World Bank report obtained by the Guardian.