It shows that what recieves media attention and scientific funding isn't necessarily the best route. Remember hydrogen energy? How's that going? It got lots of press, but lacking the infrastructure to make, store, and move hydrogen it hasn't really caught on. Biofuels are a step ahead-- existing infrastructure can be used and new facilities have been built-- but there are still opportunities to pull out if it IS going to affect food prices so much.
"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.
The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financial body.
The figure emphatically contradicts the US government's claims that plant-derived fuels contribute less than 3% to food-price rises. It will add to pressure on governments in Washington and across Europe, which have turned to plant-derived fuels to reduce emissions of greenhouse gases and reduce their dependence on imported oil." Aditya Chakrabortty inThe Guardian,Friday July 4, 2008
