China jatropha plans threaten biodiversity, say experts at Beijing conference
In China, experts are warning that plans to produce biofuels in the China’s southwest will threaten biodiversity in the last remaining section of virgin forest in the country. Speakers warned against the planting of jatropha trees, which would threaten native grasses and a diverse range of animal species, said academics attending the International Workshop on Biodiversity and Climate Change in Beijing.
Jatropha continues to be the subject of intense development. Recent projects include:
• China Agro-Technology announced that it has secured $300 million in financing for biodiesel acquisitions and operations. The company is focused on building capacity to process jatropha oil to supply the growing demand lower-cost biodiesel.
• The Sabah Land Development Board (Malaysia) demonstrated jatropha biodiesel in a Toyota Land Cruiser trial conducted at the Sabah Development Corridor Expo. SLDB’s general manager said that Nihon Biotech, Kelana Stabil and TKM Resources have indicated that they would invest up to RM 300 million in jatropha cultivation and would purchase the fuel for export to the US, Japan and South Korea.
• In China’s largest state oil company, Sinopec, said it will invest $5 billion in jatropha and palm plantations in Indonesia.
• In the United Arab Emirates, the Crown Prince of Abu Dhabi announced an $15 billion investment project in renewables, managed by Masdar. Masdar’s major initiative in bio-fuels is focused on jatropha and other arid climate crops.
• D1 Oil is planting 50,000 hectares of jatropha, in a joint venture with BP, in Africa, India and Southeast Asia. D1’s CEO said that the company can produce jatropha biodiesel profitably as long as the price of oil exceeds $65 per barrel, and will have developed more than 32 Mgy in jatropha capacity by 2012.
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