Sunday, December 14, 2008

Jatropha - An Alternative to Ethanol?

From China to Brazil, countries have begun setting aside tens of thousands of acres for the cultivation of jatropha – a plant many experts say is the most promising source for biodiesel. At the same time, companies from Europe and India have begun buying up land throughout Africa to establish jatropha plantations.
There is no estimate as to how much jatropha is being cultivated globally, but anecdotal evidence suggests that the trend is accelerating:
• The government-owned China National Offshore Oil Corp. (CNOOC) is planning to have 80,000 acres of jatropha in Sichuan Province alone by 2010.
• Renova Biodiesel of Brazil is expected to plant 60,000 acres of jatropha, and reports suggest that other oil companies are considering planting nearly 500,000 acres in the next four years.
• D1 Oils, a British company that is considered by many to be the leader in jatropha cultivation, has plantations from Swaziland to Indonesia, and hopes to nearly double its 385,000 acres of jatropha worldwide by the end of 2008.
• The Philippine National Oil Co. recently earmarked $14 million for jatropha planting and production, while Indonesia plans to set up 52 biodiesel plants across the country at a cost of $7.3 million. Explore more


posted by Geetha @ 3:54 AM

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