, Columnist
It’s Time to Get Biofuels Out of Your Gas Tank
Blending mandates were supposed to help tackle emissions. In practice, plant-derived alternatives are starting to become an impediment.
Farm to fumes.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
The global trade in the cheapest foods is grinding to a halt.
In April, Indonesia temporarily banned exports of palm oil, cutting off India from one of its biggest sources of imported nutrition. India, in its turn last month, set a ceiling on exports of sugar, helping to keep more calories in the domestic market. Sugar is now hovering around its highest price in five years, while palm oil and soybean oil are at record levels.