Jatropha Plant Gains Steam In Global Race for Biofuels
Goldman Sachs recently cited jatropha as one of the best candidates for future biodiesel production. A Bear Stearns analysis last year found that U.S. farmers only have the capacity to replace about 7% of the country's gasoline with corn-based ethanol, despite a new federal renewable-fuels target of 15% by 2017. To reach that goal, the U.S. would likely have to find a lot more land. India, by contrast, has millions of acres of wasteland that isn't fully utilized due to low water tables and infertile soil. Jatropha advocates figure the crop can cover much of that area without causing environmental distress.
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posted by Sudha @ 9:22 PM
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