LONDON (AFP) - Biofuels have caused world food prices to increase by 75 percent, according to the findings of an unpublished World Bank report published in The Guardian newspaper on Friday.
The daily said the report was finished in April but was not published to avoid embarrassing the US government, which has claimed plant-derived fuels have pushed up prices by only three percent.
Biofuels, which supporters claim are a "greener" alternative to using fossil fuel and cut, and rising food prices will be on the agenda when G8 leaders meet in Japan next week for their annual summit.
Not that I buy everything produced by World Bank analysts, but it does fit the laws of supply and demand. Just so we're clear, this global warming seems more than a bit anemic over the last dozen or so years, and the lack of correlation with CO2 levels is noticeable to even the untrained eye.