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Secret World Bank Report Says Biofuels Are Prime Cause of Food Crisis

Posted on July 04, 2008

The Bush administration says it ain't so, blaming high food prices on higher demand from India and China. Brazil's Lula blames record oil prices and rich countries' farm subsidies. John Laumer blames genetically modified crops, among other things. Now a leaked report from the World Bank claims that biofuels have forced global food prices up by 75%. The Guardian writes: Senior development sources say the report was spiked to avoid embarrassing President Bush. It would put the World Bank in a political... ...

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Tags:
bush administration , china , india , political , president , president bush , report , subsidies
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