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“A leading World Bank economist's claims that biofuels are a major cause of soaring world food prices could further undermine support for the alternative fuel worldwide and cause tensions with the White House, which fervently supports the new industry.
Former US secretary of state Madeleine Albright and John Podesta, former chief of staff to President Clinton and CEO of the Center for American Progress, have urged rich world leaders assembled for the G8 summit in Japan to take action on the global food crisis, including rapid release of Japanese rice stockpiles imported mostly from the US. In an Op-Ed in today's Boston Globe they write:
A few weeks ago, our CGD Note, Unwanted Rice in Japan Can Solve the Rice Crisis -- If Washington and Tokyo Act, created quite a stir. Policy makers and the public could not believe that Japan was feeding rice to animals at a time when millions of poor people were going hungry because food prices were unaffordable. Sadly, Tokyo's Ministry of Agriculture still does not get it.
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