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Biofuel Backlash

Category: Energy
Posted on: August 22, 2007 11:07 AM, by EJGili

The first shudders came at the beginning of the year, when President George Bush told America he wanted to produce 35bn gallons of renewable fuels by 2017. As the price of corn futures on the Chicago stock exchange went up sharply, so did the price of tortillas at the hole-in-the-wall shops in barrios across Mexico.The shock of paying 50% more overnight for Mexico's staple food sent thousands of people out onto the streets. (Guardian Unlimited)

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