Future Harvest. 21st Century Jatropha
The US Federal Reserve, in furtherance of its programme of Quantitative Easing, is thought to have bought US bonds worth some $3.7tn since November 2008. Over much the same period Hardman estimates that the research into the crop Jatropha, detailed in this report, has been made possible with circa $150m of funding. It may not sound much in relation to US QE, but in the context of a new agricultural species not widely known, it is a very significant investment. Jatropha is not yet an important crop; it is not a cornerstone of agriculture in any country or region today but nevertheless it links four life science investors including a national research laboratory, one of EuropeÂ’s largest energy utilities, a leading US petro?chemicals company, one of the worldÂ’s leading names inautomobile manufacture and a global producer of industrial chemicals, in a series of well?established research & development programmes directed at transforming the crop and our perceptions of it.
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