Kenya's hope that biofuel will reduce poverty - 16 Feb 09

The jatropha tree is being harvested to create biofuel in Kenya. The product can be used to fuel anything from aircrafts to cookers and the new industry is being billed as a way out of poverty for many of the country's poor. However, a lot of land is needed to create the fuel. Al Jazeera's Yvonne Ndege reports from Kitui in eastern Kenya.

Category:

News & Politics

Tags:

• Al Jazeera English
• Yvonne Ndege
• jatropha tree
• Kitui
• Kenya
• biofuels

[PFTECHMETAL]

Growing Marijuana will stop soil erosion. Or, Hemp can be turned into a bio fuel. Never mind that is a stupid idea.

[ladygreenjohn]

This can help the Kenya's,and other African country's,if they control it themselves and work together to make it happen for the benefit of their countrys and peoples.Solar panel should be used on every government building in hot country's.

[eastern2western]

kenya has a lot of land, but not a lot of water for agriculture.

[robvh2]

@WTFBiofuels I don't find the investment or the project hard to understand. However, if YOU struggle with it, and if it doesn't fit your profile, then you SHOULD pass on it. Obviously. I'm willing to be patient for the opportunity to earn high, long-term returns. I don't need immediate cash flow. 2 years is fine.

Again, what's curious is your agenda. You created an account 2 weeks ago just to attack the company. There's been no other activity on your account. Whatever.

[WTFBiofuels]

@robvh2 wow.....i guess its simple now.....just decide which variant of the plant will thrive....plant it...and wait four years for an investment income.....yes sign me up!!!! LMAO NEMA was just one of their problems....

If you don't need liquidity, or return on investment, or you like an investment that is hard to understand (with no track record).....go for it. thats why its called risk capital.....

[robvh2]

@WTFBiofuels You're right that nobody can plant on a large scale until they have environmental approval. And we all know that working with a government agency can drag on longer than expected! That being said, I recommend you check out the News section of their website. Environmental (NEMA) approval is official! That's huge and very positive news.

[robvh2]

@WTFBiofuels What I'm saying is that you don't know all the facts and your behaviour casts suspicion on your motives. I haven't stretched the truth in our conversation one iota. I think you're hiding behind your anonymity and so I'm ending this conversation for now. If/when there's fresh, material news, you can apologize at that time.

Yes, I say that tongue in cheek.

[WTFBiofuels]

@robvh2 facts are facts....i have no need to stretch the truth.....

thats something you are suffering from....not me

[WTFBiofuels]

@robvh2 far be it for me to question such a project.....the future will be the ultimate judge....

risk capital...yes it is

[robvh2]

@WTFBiofuels I find it very... curious that you created a brand new YouTube account (with biofuels right in the name) seemingly with the sole intent to attack a particular company and investment. One can't help but wonder about your agenda.

This is the investment industry -- a regulated industry -- and so if you have a vested interest in a competing company or investment, I would advise you to tread carefully with your claims so you don't run afoul of the regulators. Word to the wise.

[robvh2]

@WTFBiofuels Be careful because it sounds like you're accusing them of misrepresentation. However, everything is clearly laid out in the Offering Memorandum including risks.

Keep in mind that with risk, there also tends to be an increase in reward to make that risk worth taking. So it's up to you as an investor and if a particular investment doesn't suit you, that's fine. Move along.

Keep an eye on it though, just for fun, because I think there will be big news in the near future.

[WTFBiofuels]

@robvh2 now there's an expression i don't care for....what if......

the fact remains that they do not have final approval to plant one plant....or to start a massive clearing of land...

Yet they sell it like the approval is a given....with no approval....there will be no development in the tana delta...

Just ask.....when.....when will they start planting??? If you can get a definite answer, write it down, then ask later why nothing has happened. That remains to be the story with b biofuels