Ethanol Industry Hits Back Over Food Price Claims
From Euractiv
Europe’s biofuel producers are hitting back at claims that they are at fault for this summer’s high food prices and challenge assertions that crops grown for fuel production are a threat to food supplies.
Food prices rose 6% overall last month, driven by a devastating drought in the United States and rising petrol costs that make production and distribution more costly. The UN Food and Agriculture Organisation (FAO) reported that maize prices soared 23%, wheat was up 19% and sugar 12% compared to June.
