This piece from Britain's Guardian cites a World Bank report that finds biofuels to be the main cause of the sudden rise in world food prices.
In other news, a company in California has developed a genetically engineered microorganism that, when fed biological waste, excretes diesel oil. They project the cost of oil using this method at about $40 per barrel—the same as tar sands.
Just feed the critters urban garbage, algae, and grass clippings, please. Not corn or sugar cane.
Saturday, July 05, 2008
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