Bolivia investing in biofuels, but with a special twist
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.
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