Biodiesel Joint Venture with Mindanao Lumad Tribes Will Bolster Community Development

Author: Abundant Biofuels Corporation
Dateline: Wed, 12 Mar 2008

freeNewsArticles Story Summary: “DUMAGUETE CITY, Philippines, and MONTEREY, Calif., March 12 (SEND2PRESS NEWSWIRE) -- The Supreme Council of Datus Alimaong has reached agreement with Monterey, CA-based Abundant Biofuels Corporation to develop more than 1.2 million acres of ancestral domain for production of biodiesel from Jatropha curcas in underused Lumad lands on the island of Mindanao.”



A R T I C L E:

Agreement will support production of 300 million gallons of biodiesel fuel per year without deforestation or diversion of agricultural production

DUMAGUETE CITY, Philippines, and MONTEREY, Calif., March 12 (SEND2PRESS NEWSWIRE) -- The Supreme Council of Datus Alimaong has reached agreement with Monterey, CA-based Abundant Biofuels Corporation (www.abundantbiofuels.com) to develop more than 1.2 million acres of ancestral domain for production of biodiesel from Jatropha curcas in underused Lumad lands on the island of Mindanao.

Caption: Members of Supreme Council of Datus Alimaong and Abundant Biofuels reach agreementDr. Rene Q. Lacsina, president of Abundant Biofuels Philippines, Inc. and an agronomist-scientist, sees this jatropha or tubatuba global venture as a golden opportunity for indigenous Filipinos to show the rest of the nation "...the way to be productive citizens contributing to genuine freedom essential for restoring the nation into justice, righteousness and peace while participating in the lucrative global biofuel industry."

Abundant Biofuels CEO Dr. Charles Fishel stated, "Jatropha is the only biodiesel feedstock that does not divert agricultural land from food production. It has the added advantage of producing 20 times more energy than the energy required to produce it." Fishel adds that, "Most other feedstock consumes almost as much energy in production as the energy it is supposed to supply as fuel."

Under its groundbreaking agreement, Abundant Biofuels will deploy part of its profits for infrastructure development on the island of Mindanao, including improved housing, medical care programs, better schoolroom facilities and resources for people to affirm cultural identities such as music, dance, food, attire and drama.

APO Amay Tawahig, Supreme Datu, Supreme Council of Datus Alimaong, said, "It will be a new day of positive community growth when families and communities can make their land productive and they will be part of gainful employment in providing cleaner and greener alternative energy to the country."

More information: www.abundantbiofuels.com.


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Story Title: Biodiesel Joint Venture with Mindanao Lumad Tribes Will Bolster Community Development
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