[social_buttons] Increased world demand for grains and vegetable oils due to population growth (esp. in China and India), the weak dollar, agricultural production problems around the world, and $100/barrel oil are some of the driving factors accounting for increasing food prices.
After covering 22 of the most popular myths about biodiesel, I realized I’d only given lip service to a major issue: increasing food prices. In Myth #2, I mentioned that the goal of biodiesel production is to move away from food-based feedstocks.
But until that happens, the question remains: if I use biodiesel made from soybeans right now, am I contributing to the larger problem of increasing commodity prices and starving poor people?