International Energy Agency Likes Biofuels

Financial Times: IEA warns against retreat on biofuels

Biofuel production is critical to meeting current and future fuel demand in spite of its possible role in driving up food prices...

(biofuel makes up) 50 per cent of the extra fuel coming to the market from sources outside Opec...

The FAO (UN Food and Agriculture Organization) estimates biofuels account for 10 per cent of the food price spike.

FYI rice is now being rationed in the USA. Still like biofuel...

Sam's Club, the membership warehouse division of Wal-Mart Stores Inc., is limiting how much rice customers can buy because of what it calls "recent supply and demand trends," the company said Wednesday. source