| Sourced From Hindu.com |
New Delhi (PTI): The cultivation of jatropha, a bio-fuel plant, holds immense potential for farmers as they can earn Rs 2,800 per hectare by trading in carbon credits, a scheme to mitigate global warming, industry chamber FICCI has said.
The income from trading in carbon credits, in combination with the sale of jatropha seeds, makes such cultivation highly lucrative for wasteland tracks of India, it said.
“The income from carbon trading itself would give an average return of Rs 2,800 per hectare from the fifth year of plantation,” the chamber said.
A farmer, by cultivating jatropha in 5,000 hectares of wasteland, can earn Rs 92.5 lakh from the third year of plantation and the income would increase to Rs 11.55 crore in five years, the study said.
Besides other things, the income assumption is based on carbon credits for plantation and 30 per cent oil yield from jatropha seeds.
Land of 20-25 million hectares has been classified as cultivable wasteland. In well-managed plantations, the yield from jatropha would be close to 2.5 tonnes per hectare while oil content varies between 28 per cent and 38 per cent, it said.
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Lorna Omuodo
on Aug 25th, 2009
@ 4:32 am:
who are the prime buyers of jatropha carbon sinks. please link me to brooker/buyer for my farmers here in africa. our bushes are four years old!
Lorna Omuodo
Satish Lele
on Apr 30th, 2010
@ 8:26 pm:
Business model of Jatropha oil for manufacture of Biodiesel has failed, as Jatropha Oil itself is used as Transport fuel in Tractors and Farm Equipments in rural area. Jatropha / Castor Cultivation is not of special importance for BioFuel as a substitute for Transport Fuel or Energy Security. It is important for Upliftment of the Rural Poor in Developing Countries, supply of Fuel to Rural Population and Correcting the ill effects of Climate Imbalance occurring very frequently.
I have promoted this ADIWASI Model that many NGOs, which work for upliftment of Tribals, have found very effective. There are two schemes.
Scheme 1 : The NGOs set up Hand Operated Expellers, (which do not require electrical power) in their centers. Tribals come to these centers with their bags containing any Oil Bearing Seed like Jatropha, Neem (Non Edible oils for lamps), Pongamia, Mahua (Edible oils for Cooking) and crush the seeds themselves. The tribals carry the extracted oil home for burning these in oil lamps and for cooking. The Tribals leave the seed cake in these center. The NGOs then process the seed cake to Bio Fertilizer in their centers, and sell it later. Tribals collect sufficient seeds, during harvesting period to last for a year, but crush these to get oil as and when required.
Scheme 2 : The same NGOs buy the oil, extracted as above and sell it to Temples, Hotels, Households for burning them in simple lamps, as a social cause.
For Details see:http://www.svlele.com