May 30, 2008
Food Price Increases: Is it Fair To Blame Biofuels?
New York, United States [RenewableEnergyWorld.com]
The price of food staples has risen by 244% since 2004 according to a new report from New Energy Finance. The report, "Food Price Increases: Is it Fair To Blame Biofuels", concludes that while the drivers of these increases includes biofuel production it is far from the dominant one.
The report finds that increases in input costs have played a larger role
than biofuels, as have changes in consumption habits and growth in
population, which, the report says, have not been offset by increases in
yields, particularly in grains, for the first time in decades.
“The
media has been quick to blame the biofuels industry. In October 2007 Jean
Ziegler, the United Nations Special Rapporteur on the Right to Food,
kicked things off by describing it as 'a crime against humanity to divert
arable land to the production of crops which are then burned for fuel.'
Since then no article on food price increases has failed to mention
biofuels as a main driver of increases in the price of food staples around
the world,” said the
executive summary of the report. To subscribe or visit go to: http://www.renewableenergyaccess.com |