Biodiesel and Ethanol Investing

The New York Times reports that Envirocare, an environmental and human rights group, highlighted the impact of the jatropha trade in Tanzania, in a leaked report. According to the report, the Tanzania jatropha trade could evict thousands of farmers from their homes. Abdallah Mkindi, Envirocare’s environmental officer, said rivers and streams could potentially be diverted to grow biofuels, increasing conflicts over access to water. Of 13 potential bioenergy crops analyzed for their potential as electricity feedstocks, rapeseed and jatropha were found to be the least water-efficient biofuels.