Demand for Corn-Derived Fuel is Driving Up Food Prices, but New Technologies Could Help
Food prices worldwide have risen dramatically in the past few years, due in part to a similarly dramatic rise in the amount of corn used for ethanol production in the United States. Now, in an effort to make food less expensive, experts are calling for limits on ethanol production, subsidies for corn, and more incentives for biofuels made from nonfood sources.
According to statistics released Wednesday by the U.S. Department of Labor, food prices for the first three months of the year rose at... Full Story
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