PBL analysis finds that resources are not depleted, but expensive; badly functioning markets and wrong policies
Green Car Congress
MARCH 14, 2011
Thus, high energy prices lead to high food prices, as transport and fertilizers become more expensive. High oil prices increase the appeal of biofuels, and a subsequent increasing demand for corn and grain leads to higher food prices and additional food scarcity. —“Scarcity in a Sea of Plenty?”
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