WEF: 'Biofuel production is driving up food prices'

President Hosni Mubarak of Egypt has called on Western governments to drop the subsidies they offer farmers to grow crops for biofuel claiming it is leading to food shortages.

The President’s comments have ignited a debate at the World Economic Forum in Sharm el Sheikh, where business leaders and politicians have been talking about how to balance demand for alternative fuels and affordable food. ... Read full article