Biofuels caused food crisis according to secret report
According to a secret World Bank report obtained by the Guardian biofuels have increased global food prices by up to 75%. The report dismisses the idea that droughts in Australia and rising demand from India and China has caused the rising food costs. The report instead claims that “the EU and US drive for biofuels has had by far the biggest impact on food supply and prices”.
“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. “It is imperative that we have the full picture. While politicians concentrate on keeping industry lobbies happy, people in poor countries cannot afford enough to eat.”
Rising food prices have pushed 100m people worldwide below the poverty line, estimates the World Bank, and have sparked riots from Bangladesh to Egypt. Government ministers here have described higher food and fuel prices as “the first real economic crisis of globalisation”.




