Let Them Eat Ethanol and Cash

How biofuels and speculation are driving food prices to scary new heights. Why have global food prices spiked not once, but twice in the last three years, raising the specter of famine and triggering worldwide food riots– including the Arab Spring? Many explanations have been floated, including climate change-related droughts in Australia, volatile oil prices, “food security” export restrictions, and last but not least, feeding China’s strategic pork reserve

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Let Them Eat Ethanol and Cash