The Yucatan Peninsula, in addition to being a corn producing region in Mexico, also contains abandoned sisal plantations, where the growing of Jatropha for biodiesel production would not displace food. So this investment could make sense - depending on current land use.
Global Clean Energy Holdings, Inc. (OTCBB: GCEH) through its subsidiary GCE Mexico I, LLC has acquired approximately 5,000 acres of land in the State of Yucatan in Mexico. The property will be used for the cultivation of Jatropha curcas. When fully planted the land will be home to over 4.0 million Jatropha trees, which will produce a high quality seed oil and biomass, for more than 30 years.We think they could go it one better, however. It turns out that non-toxic subspecies of J. curcas are native to Veracruz and Quintana Roo States, and could be used to produce mast that is suitable for both human and domestic animal feed.
See also:- Switch Grass Rush Starts In Oklahoma