July 5, 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.
The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financial body. . . .
“Political leaders seem intent on suppressing and ignoring the strong evidence that biofuels are a major factor in recent food price rises,” said Robert Bailey, policy adviser at Oxfam.
Perhaps they just fear being tried for crimes against humanity.
UPDATE: Reader Jason Epstein emails:
Did you notice that the writer suggesting that the report was being kept secret “has not been published to avoid embarrassing President George Bush?” Huh?!? How come there is no mention of the culpability of the environmental community, who pushed biofuels more than anyone else?
Yeah, how come?