World Bank Blames High Food Prices on Biofuels

July 9, 2008

A leaked World Bank report claims biofuel production is responsible for 75 percent of the rise in food prices compared to the three percent estimated by the U.S.

Recent News

Blue Origin Relaunches Space Tourism

Blue Origin made a triumphant return to space tourism with the launch of its New Shepard rocket, marking the end of a nearly two-year hiatus. The NS-25 mission, which took off at 9:36 a.m. CT (10:36 a.m. ET) on Sunday, May 19, from Blue Origin’s private facility in West Texas, was the company’s seventh crewed flight and the first since a failed uncrewed test flight in September 2022.