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Wiki Commons / Steve Jurvetson

World Bank: Biofuel Boom Spiking Food Prices

A World Bank report, held from public view for several months, finds strong evidence that increased production of biofuels such as ethanol has caused a sharp climb in the price of foodstuffs worldwide. “The report stands as a blistering rebuke to the Bush’s administration’s unchecked biofuel boosterism,” argues environmental writer Tom Philpott.

Posted on Jul 31, 2008 READ MORE


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