Argentina’s biofuel bandwagon gets going, according to a report on AP and over the other biofuel blogs like a rash this morning.
many Argentines are worried that diverting farmland for biofuels – made from corn, sugarcane, palm oil and other agricultural products – will drive up food prices even higher.
“This idea of using grains to make energy instead of using them for food, now that’s a problem,” resident Pedro Marcote said. “Food prices keep going up and up.”
People in relatively poorer countries will feel the effect of diverting food crops into fuel crops faster than relatively wealthy consumers in North America. Are you seeing your food bills rising?