Rising food prices, blame Biofuel

Biofuels were developed as part of plans to limit and reduce greenhouse gas emissions, held responsible for global warming, but since they take up land that would otherwise be used for food production, they have been increasingly blamed for soaring food prices. The World Bank said earlier this month that increased biofuel production had contributed to the rise in food prices. Most world leaders shares the same opinion. “A conflict is emerging between foodstuffs and fuel with disastrous social conflicts and dubious environmental results,” outgoing Italian prime minister Romano Prodi said at the International Energy Forum. Agricultural prices were not only being driven by rising demand but also by increased cultivation of biofuels, “creating strong tensions in a number of countries,” he added. Biofuels were developed as part of plans to limit and reduce greenhouse gas emissions, held responsible for global warming, but since they take up land that would otherwise be used for food production, they have been increasingly blamed for soaring food prices. Qatari energy minister, Abdullah bin Hamad al Attiyah said the world would have to choose “what its priority is going to be — driving or eating.” He rejected suggestions that high oil prices were behind the food crisis. “It’s not oil that should be questioned, it’s biofuels, which are at the root of the problem,” al Attiyah said.

Published by Karthick Annamalai

Karthick Annamalai

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