Biofuels are a crime against humanity

by twit

We should have known something was wrong the instant biofuels became so enthusiastically supported by the Bush Administration, but it still is something of a surprise that the World Bank has for months sat on a report that details the crimes against humanity caused by the biofuels industry.

Fortunately, there is someone with a conscience working at the World Bank who helpfully leaked the “damning” report to the media. Via the Guardian on July 4, 2008:

Biofuels have forced global food prices up by 75% – far more than previously estimated – according to a confidential World Bank report obtained by the Guardian.

The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financial body.

The figure emphatically contradicts the US government’s claims that plant-derived fuels contribute less than 3% to food-price rises.

The World Bank report also includes an analysis of what this means for the world:

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”.

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