OT - lol
posted on
Mar 18, 2008 04:09PM
If I can find another jatropha play besides the diluted amhd I'll let ya'll know.
01.22.08
China Petroleum & Chemical Corp. (SINOPEC) says it will invest $5 billion to build factories and plantations to develop biofuel from crude palm oil and jatropha oil in Papua and Kalimantan. Sinopec will team up with local company PT Puri Usaha Kencana to start the project this year.
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.<font color=red>**Abu Dhabi to Invest $15 Billion in Renewables**
Abu Dhabi, United Arab Emirates [RenewableEnergyAccess.com]
General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has announced the launch of an initial investment of $15 billion in projects targeting solar, wind and hydrogen power, carbon reduction and management, sustainable development, education, manufacturing and research and development.
"Today, as global demand for energy continues to expand and as climate change becomes a real and growing concern, the time has come to look to the future. Our ability to adapt and respond to these realities will ensure that Abu Dhabi's global energy leadership as well as our own growth and development continues."
--Dr. Sultan Al Jaber, CEO, Masdar
The investment will be channeled through the Masdar Initiative. Masdar will leverage the Abu Dhabi government's initial investment with joint ventures and other investment partners for a total portfolio many times larger, made up of projects in Abu Dhabi and around the world.
"Today, as global demand for energy continues to expand and as climate change becomes a real and growing concern, the time has come to look to the future," said Masdar CEO Dr. Sultan Al Jaber. "Our ability to adapt and respond to these realities will ensure that Abu Dhabi's global energy leadership as well as our own growth and development continues."