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 The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financialย body.
The figure emphatically contradicts the US government’s claims that plant-derived fuels contribute less than 3% to food-priceย rises.
First Nations are furious, environmentalists feel betrayed, oil companies are demanding more, and the clock is ticking.
The Mailโs events business in the Middle East provides a quarter of its revenue. A previous Telegraph bid was rejected over petrostate influence fears.
โIโve never seen anything like this,โ longtime denier Marc Morano said recently of Democrats, billionaires, activists and reporters going โsilentโ on the issue.
In exclusive interview with DeSmog, Haisla leader explains that an oil โspill on our waterway would be catastrophic.โ
