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A few years ago, the biofuel industry was busy taking heat for rising tortilla prices in Mexico and expensive corn in the U.S., among other things. Turns out, the food vs. fuel debate may have been a bit overblown. At least, that's the verdict of the Development Prospects Group at the World Bank, which just released a new report called "Placing the 2006/08 Commodity Price Boom into Perspective" (PDF). The headline conclusion: "...the effect of biofuels on food prices has not been as large as ori

The multinational consulting company Accenture has launched a new report on the future of biofuels. This time, it has a more optimistic tone than last time we heard from them. According to their conclusions, 10 to 15 percent of our fuel needs from 2020 to 2030 will be satisfied with biofuels. Nevertheless, the future won't be as easy as it was once thought: recent trouble in markets, as well as challenges in production, transport and distribution will slow the development of biofuels. When it co