Keeping food prices down

Original article published by Beverage Blog - Thursday 21 February 2013

Nestlé’s Chairman Peter Brabeck couldn’t have put it more bluntly:

“It is really unbelievable that, when we have insufficient food in our world, we give it to cars …  I plead very openly, no food for fuel.”

He was speaking at the recent Global Forum for Food and Agriculture in Berlin.

He does have a point.

Current subsidies for biofuels also push food prices up.

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