Biofuels and food prices

August 2008
Chemistry in Australia;Aug2008, Vol. 75 Issue 7, p29
The article reports that the global increase in the prices of biofuels and food have led to recent food riots in Haiti, Indonesia, Bangladesh, Cote d'Ivorie, Cameroon and Burkina Faso. The growing demand for biofuels is said to be influenced by the increase in oil prices. It relates that oil-importing countries are expanding biofuel production in an effort to minimize exposure to higher oil prices. In addition, rising oil and natural gas prices also contributed to the rising cost of fertilizers.


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