Biofuels may seem like a great idea to some, but to others, not so much
This week, the UN Food and Agriculture Organisation will announce the lowest global food reserves in 25 years, threatening what it calls "a very serious crisis". Even when the price of food was low, 850 million people went hungry because they could not afford to buy it. With every increment in the price of flour or grain, several million more are pushed below the breadline.
The cost of rice has risen by 20% over the past year, maize by 50%, wheat by 100%. Biofuels aren't entirely to blame - by taking land out of food production they exacerbate the effects of bad harvests and rising demand - but almost all the major agencies are now warning against expansion. And almost all the major governments are ignoring them.
Just sayin'