Bolivia investing in biofuels, but with a special twist
Developing countries are focusing their efforts on biofuels as a means of saving their economies. Bolivia is one of them but the Andine country is taking a greener path. According to a speech made by Miguel Daboub, a Bolivian who works in the Brazilian biofuel industry, during a conference in La Paz, the country has great potential for a really sustainable biofuel industry. Daboub was interviewed by Agroinformacion (a site that focus on agriculture from a business point of view) and gave his opinions on how his country could develop a national biofuel industry.
According to his words, half of the country can grow sugarcane for ethanol production and most of the other half can grow oilseeds for biodiesel such as soy, black palm, a type of pine and macororó, a local plant. The variety of palm trees that can grow in this country yield more oil than soy. A special case is quinoa: this plant has a great potential because while its good quality proteins can be exported at a high price while the resulting byproduct, oil, can be used straight for biodiesel production.
He states that these biofuel sources do not compete with feedstock and uses soy as an example. A ton of soy yields 200 liters of oil - the remaining is protein, which can be used to feed animals.
Related
[Source: Agroinformacion]
Reader Comments (Page 1 of 1)
Iggy 8:29PM (10/12/2007)
This is a load of communist double-speak crap from the hemisphere's newest commie puppet....
Bolivia is copying Cuban propaganda...awhile back Fidel Castro said that he had some cows that produced a lot of milk and some other cows that had real good meat...he said he was going to breed the 2 types of cows to get 1 meaty cow that produced a lot of milk...guess what happened? NOT!!!!
Now Bolivia is going to plant sugarcane in half the country and oilseed in the other half...what happens if you own land that doesn't do either now or you don't want to do either in the future? will the communist government let you interfere with their master plan????? hmmmm, my money's on NO....
And how will all this sugarcane and oilseed be processed into usable fuel if no money's invested in infrastructure/refineries? especially because Evo (Morales for those who don't read the newspaper) has started confiscating properties owned by foreign companies and arbitrarily nullifying/renegotiating existing contracts and investors pull out?
this is a joke....being environmentally conscious is good...feeding into propaganda and losing journalistic integrity: not so good....
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GeoBiofuels 2:25PM (12/01/2007)
Press ReleaseSource: Sustainable Power Corp.
Sustainable Power Corp. Announces Green Energy Consortium
Friday November 30, 11:32 am ET
Signs Co-Development Agreement With Blue Harbor Energy, Inc.
NATCHEZ, MS--(MARKET WIRE)--Nov 30, 2007 -- Sustainable Power Corp. (Other
OTC:SSTP.PK - News) is proud to announce a reached agreement of a new
project named Green Energy Consortium (GEC) based in Baytown, Texas. This
agreement is to use SSTP's technology of the conversion of agricultural
recycled feedstock to a variety of Green-based products that will produce
biocrude, biogasoline, pharmaceutical grade glycerin and 500 megawatts of
green power.
Imagine multiple types of fuels that are derived from the same feed stocks
as cellulosic ethanol like grass, sugar cane, and corn stover; soy hulls
but contain at least 300% more energetic content and are made by a process
that uses 90% less energy. Unlike cellulosic ethanol, these fuels can be
distributed by using existing oil pipelines, rather than uneconomical
trucks and trains, dispensed through existing gas stations, rather than
specialized pumps, and used in existing engines, rather than modified
"flex-fuel" engines. In short, these are biofuels that can be substituted
directly and immediately for gas or diesel on a gallon-for-gallon basis.
Sustainable Power Corp. (SPC) announced today that it has entered into a
co-development agreement with Blue Harbor Energy, Inc. (Blue Harbor) to
move forward its Baytown, Texas renewable fuel production and renewable
energy electricity production facility. The Baytown project in envisioned
to bring together SPC's propriety liquid biofuel generation and refining
technology with electric power generation and a concrete plant to create a
facility that produces liquid fuel suitable for use in current internal
combustion engines, electric power that is generated solely from renewable
sources and concrete that is produced using green power. Capacities and
outputs for each phase of the operation are not yet final.
"We have been proposed financing offers for the project from undisclosed
parties and expect more to come," stated Keith Mazer, President of
Sustainable Power Corp. Mr. Mazer continued, "This is a monumental project
and we're very excited to see the interest and confidence shown by some of
the industry's largest capital investment groups. The world is in
desperate need of green fuel and energy and we now have the ability to
meet that need."
Under the terms of the agreement Blue Harbor will begin work immediately
to work with SPC senior management to complete the development work
necessary for securing the equity investment into the project. No time
frame was announced for completion of this initial phase.
Texas was chosen by Sustainable Power because of its industrial and oil
friendly environment. The Baytown property has rail, truck, pipeline and
power grid access on site and barge access only a few miles down the road
to support our feedstock needs.
Mr. Mazer stated, "We are pleased to have Blue Harbor as part of our team,
and look forward to working with them."
"We have looked at this project and are excited about a renewable energy
power generation of this magnitude," said Dr. White of Blue Harbor Energy,
a co-development company. "We are looking forward to working with Mr.
Mazer and the SPC team to finalize the development effort and bringing the
project online as quickly as possible to realize its reduction of GHG and
positive environmental impact."
About Sustainable Power Corp.
Sustainable Power Corp. is an international green energy service provider
focused on environmentally safe power generation. The company has the
exclusive rights to develop and manage a portfolio of green power plants
utilizing the USSEC biofuel discovery, a renewable fuel source able to be
produced from one-fifth of the soybean acreage traditionally associated
with biodiesel. For more information please visit
www.sustainablepower.com.
About Blue Harbor Energy, Inc.
Blue Harbor Energy is the energy project co-development company which
provides management, technical management, commercial back-office and
contract negotiation services to energy project developers. For additional
information contact Dr. Jeff White at white@blueharborenergy.com
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995. When used in this press release, the words "anticipate," "believe,"
"estimate," "may," "intend," "expect" and similar expressions identify
such forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated, expressed or
implied by the forward-looking statements contained herein. These
forward-looking statements are based largely on the expectations of the
Company and are subject to a number of risks and uncertainties. These
include, but are not limited to, risks and uncertainties associated with:
the impact of economic, competitive and other factors affecting the
Company and its operations, markets, product, and distributor performance,
the impact on the national and local economies resulting from terrorist
actions, and U.S. actions subsequently; and other factors available from
the Company.
Contact:
Investor Contact:
Redwood Consultants, LLC
415-884-0348
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