From the Financial Times

“My biggest concern is that I do not want a gold rush to start that gives biofuels a negative reputation” Alberto Weisser, CEO of Bunge

Weisser’s worry is that demand for biofuels is raising the price of crops and having unintended consequences for food supplies. He estimates that 60 per cent of rapeseed in Europe is being converted into biodiesel. This has led food companies to import palm oil, which is less healthy for people than vegetable oil.