June 19, 2008
Global Energy Trading Co. is ready to roll after two years of researching new biodiesel fuel sources and discovering Jatropha curcas L.
Jatropha is a weed-like shrub or small tree that can grow nearly anywhere frost doesn't occur; has a 40-year fruit production life-cycle, is not part of the food chain supply, and requires few pesticides or fungicides. Its golf ball-sized fruit contains seeds that are pressed to extract the oil that has been used as a lighting and heating energy source for decades in communities throughout the world.
With Jatropha as its designated biofuel feedstock, the company is now "at the point of execution in creating a capital market," announced James Fanning, chair and chief executive officer.
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