The demand for Corn-Derived Fuel is driving up food prices, with an average increase of only 2.5 percent betweent 2001 – 2006. But according to the Department of Labor, food prices for the first three months of the year rose at a rate that translates to an annual increase of 5.3 percent.
While a few believe biofuels could contribute to starvation for some by driving up food costs, my own thought is we’ll still be dealing with emissions. It’s just a different fuel source. This is still using the same technology and if we’re going to deal with one problem (fuel costs) we should also consider this the opportunity to address another issue – global warming.
