Biodiesel and Ethanol Investing

The East African reports that Uganda’s National Forestry Research Institute has embarked on a project to test the viability of biodiesel from jatropha. According to senior researcher Peter Kiwuso, they planted jatropha three months ago, and from it they will find out how long it takes to seed, the quantity and quality of the seeds and the diesel and how much a farmer and a processor can earn from jatropha. If fuel from jatropha is proven viable, the fuel imports may significantly reduce with production of biodiesel and eventual extraction of the oil in the numerous wells already confirmed.