Remember ten and 15 years ago when everyone was talking about investing in biofuels? Scientists like Helmut were against the efficiency claims… While we love the idea of renewable energy crops for palm oil and sugarcane used in ethanol and biofuels have pushed out food producers, causing an alarming shift to rising costs for food. While we might not feel it in the price of a falafel or hummus, biofuels threaten those people already food insecure.
According to the United Nation’s FAO, world food prices rose for the third consecutive month in December, 2019 as a strong rally in vegetable oil prices drove the FAO Food Price Index to its highest level in five years.
The FAO Food Price Index averaged 181.7 points during the month, a 2.5 percent increase from November and the highest level since December 2014.
For 2019 … Read moreRead More