2. “Food vs. Fuel” Controversy over Biofuels Charles V. Fishel, CEO Abundant Biofuels Corporation September 19, 2008

4. Topics Food vs. Fuel Debate Abundant Biofuels Corporation.

5. Food vs. Fuel Debate

7. Food vs. Fuel Diversion of agricultural land Deforestation Water contamination Increasing fuel costs stimulate poverty.

9. http://www.ipni.net/ppiweb/seasia.nsf/$webindex/8a9bfe4787b287eb4825701b000f8aba!OpenDocument&TableRow=1.1#1.

12. Diversion of Agricultural Land Corn and other feedstocks are caught in a tug-of-war between ethanol plants and food in response to: high price of oil, cost in lives and dollars of ensuring a supply of petroleum imports, and limits on climate-warming emissions of fossil fuels. http://www.businessweek.com/magazine/content/07_06/b4020093.htm?chan=top+news_top+news+index_top+story

13. Diversion of Agricultural Land USDA Even if all U.S. corn were diverted into ethanol, it would replace only about 12% of U.S. transportation fuel. http://www.washingtonpost.com/wp-dyn/content/article/2007/12/11/AR2007121101834.html

14. Diversion of Agricultural Land Eliminating gasoline entirely could require more than double today's 430 million acres of cropland Bioenergy threatens to eclipse food, livestock feed, and all other uses "as the major driver of American agriculture.” http://www.businessweek.com/magazine/content/07_06/b4020093.htm?chan=top+news_top+news+index_top+story

15. Increasing Fuel Costs Stimulate Poverty Some farmers benefit from higher prices But many poor countries are net grain importers Poorest of poor spend >70% on food About 1/3 rd of sub-Saharan Africa is undernourished – living on less than $1/day Proportion has barely changed since 1990s. http://www.washingtonpost.com/wp-dyn/content/article/2007/12/11/AR2007121101834.html International Food Policy Research Institute

16. Deforestation Demand for biofuels encourages deforestation in developing countries U-Tube graphically illustrated clearing of Indonesian forests to increase palm oil production for biofuel. http://www.washingtonpost.com/wp-dyn/content/article/2007/12/11/AR2007121101834.html

17. Indonesia ….

18. Energy Inputs / Outputs

19. CORN Corn is just the first step Lousy raw material for fuel Producing 10 gallons of ethanol Consumes energy equivalent of about 7 gallons of gasoline Greenhouse gas reductions are minuscule. http://www.businessweek.com/magazine/content/07_06/b4020093.htm?chan=top+news_top+news+index_top+story

21. 20 times more Output than energy input!!!

22. Jatropha Curcas Today, Jatropha is the only non-food feedstock for biodiesel Grows in dry or poor soils Pest resistant.

23. Jatropha is an arid oilseed crop with a 30 – 35% oil content Biodiesel Journal (May-June, 2007) An inedible … fruit could be the best thing that has happened to … biofuels The Produce News, 5/18/2007 Jatropha oil … burns cleaner than fossil fuels … [It] burns with 1/5 th the emissions of conventional fuel. Washington Times, 2/21/2007

24. Abundant Biofuels Corporation

25. Target Countries Philippines Dominican Republic Colombia

26. Abundant Biofuels’ Operating Principles

27. Abundant Biofuels will not Divert land from agricultural production Engage in any deforestation Will not use any water for irrigation.

28. Social Impacts Abundant Biofuels will Pay more than UN 2015 Anti-Poverty goals Provide health care to all employees and their families Share profits with indigenous peoples.

29. US Management Team Rene Q. Lacsina James S. Love Charles V. Fishel Gary L. TomsKevin C. SmithDon Harcum

30. Case Study: Philippines

31. Lumad 1,250,000 acres Government 1,250,000 acres Philippines – 2.5 million acres Waste Oil / Grease

33. Social Impacts When fully planted (2.5 million acres) ABC will employ 450,000 employees Not employed at present.

34. Carbon Sequestration Acres Carbon per tree8 kg Trees per acre667 Tons of carbon per acre5.32 metric tons 150,000 acres798,000 metric tons 2.5 million acres13,300,000 metric tons

35. Import Substitution 2.5 million acres Import substitution = $2 Billion

51. Balut  Fertile egg; Embryonic chicken is ready to peck through shell

52. Balut  Considered an aphrodisiac ??????

54. Datu Libukasan

56. Any Questions?

57. For further information, contact: Charles V. Fishel Abundant Biofuels Corporation 98 Del Monte Ave., Suite 205 Monterey, CA 93940 T: 831-224-8800 F: 831-401-2340 cfishel@abundantbiodiesel.com www.abundantbiodiesel.com cfishel@abundantbiodiesel.com www.abundantbiodiesel.com