Mike Jubow, a nurseryman from Australia, has recommended that farmers plant a tree imported from Brazil to help counter the rising cost of fuel. He says that 1 hectare of the trees could supply all the fuel required to run a medium-sized farm.
The tree can be tapped and each one will produce approximately 40 litres of oil annually. The oil can be poured directly into a diesel engine.
"Now we've got another oil crisis, our farmers' cost of production from many avenues are skyrocketing, so their viability is being threatened - now is the prime time to get in and plant this tree," said Jubow.