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Showing posts with the label Bio-fuels
How to "hide" crimes According to a report by the World Bank itself "the development of biofuels has caused a rise of 75 in food prices between 2002 and February 2008 (out of the 100 percent global rise, while the prices of energy and fertilisers accounted for only 15 percent).  This estimate is much higher thatn the 3 percent figure retained by the U.S. administration. According to the World Bank teh hike in prices has already cost consumers $324 billion in poor countries and could drive 105 million more people into poverty. So as not to displease President Bush, the World Bank did not publish this report. It was a leak in the press that allowed the information to emerge. This analysis of the World Bank remains ideologically tainted by neoliberalism. The development of agro-fuels is not responsible for the 'disorganisation of the markets' but reveals their irrational policies and their criminal consequences [my emphasis]. Eat, drink, or drive, the free m...