I recently blogged that the increased food demand in India and China had to also be a contributing factor in the increase in food prices…implying that the furore in India about President Bush’s remarks was overkill. The world bank recently put out (inadvertently it seems) a report that analyzes this. And the results…
Here is a link to a Yahoo news report on this.
It turns out that 75% of the increase in food prices comes from Bio fuels. So much for all of President Bush’s remonstrations. And yes, my hypothesis has been proven incorrect.
So then the question becomes: Are we willing to use food for energy to power machines when there isn’t a surplus of food to go around? Seems like quite an unreasonable thing to do…the aftereffects of going green without thinking I suppose.
