Then five years later we ... discover that all the fertile lands have been used for biofuels. One has to be extremely careful on biofuels. I have a feeling that the jury is still out on biofuels
A Thai man preapres food inside his shack in a shanty town in Bangkok on July 16, 2008. Rising use of biofuels, trade restrictions, increased demand from Asia to serve changing diets, poor harvests and increasing transport costs have all been blamed for the recent rise in the prices of basic commodities.
A Thai fruit vendor pushes his cart by a busy intersection in Bangkok on July 16, 2008. Rising use of biofuels, trade restrictions, increased demand from Asia to serve changing diets, poor harvests and increasing transport costs have all been blamed for the recent rise in the prices of basic commodities.
A Thai ice-cream vendor pushes his cart along the railway track running through a shanty town in Bangkok on July 16, 2008. Rising use of biofuels, trade restrictions, increased demand from Asia to serve changing diets, poor harvests and increasing transport costs have all been blamed for the recent rise in the prices of basic commodities.
Then five years later we ... discover that all the fertile lands have been used for biofuels. One has to be extremely careful on biofuels. I have a feeling that the jury is still out on biofuels
What we need is not less biofuels, we need more biofuels ... And the way to get more biofuels is to put these types of incentives in place.