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September 10, 2008
Corn ethanol pushes up food prices
By Amanda Lang
Food prices have shot up 170 percent in the past six years, putting a serious burden on the world's poor and causing food riots in some countries, according to a new report from the World Bank. The report found that the increase was largely caused by U.S. and European government support for biofuels, particularly corn ethanol. This analysis shows a 30% to 60% increase in food prices is due to biofuels.
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Food prices have shot up 170 percent in the past six years, putting a serious burden on the world's poor and causing food riots in some countries, according to a new report from the World Bank. The report found that the increase was largely caused by U.S. and European government support for biofuels, particularly corn ethanol. This analysis shows a 30% to 60% increase in food prices is due to biofuels.OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.