Bad Juice II: Biofuels Maybe Not Quite So Bad, World Bank Says

The Wall Street Journal - Environmental Capital
July 7, 2008, 7:35 pm
Posted by Keith Johnson

The biofuels battle just gets hotter.

We just wrote about the Guardian story on a World Bank report allegedly blaming biofuels for 75% of the recent rise in fuel prices, and which was reportedly suppressed for political reasons. Alas, it ain’t so, Joe, the World Bank says.

Bob Davis of the WSJ spoke with Donald Mitchell, the author of the draft report—which wasn’t secret at all, but a working paper. And like all working papers, it doesn’t reflect the official position of the World Bank.

The report was meant to contribute to a World Bank position paper on rising food prices, which was released at the Bank’s spring meeting in mid-April.

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