Biofuel demand to put pressure on food prices

Published on 24 February 2010

Demand for biofuels as an alternative to fossil fuels will continue to be one of the significant factors that could see food prices soaring dramatically again in the near future (..). In late 2007 to mid-2008, the world witnessed a “silent tsunami” of rising food costs that resulted to social tensions and riots across 22 countries, pushing over 100 million people into hunger, according to the United Nations World Food Programme (UN-WFP).

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