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<br>Powering Canada With [Biofuel](https://www.crunchbase.com/organization/mission-newenergy) Energy!<br> |
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<br>There is a growing issue nowadays for the environment, and [numerous countries](https://www.pinterest.com.au/missionnewenergy/) have actually taken the effort to promote using renewable resource to reduce [humanity's impact](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) on the world. Canada is one such country taking the lead in green technologies, and utilizing biofuels is one of the steps they have taken in ending up being one of the world's leaders in the intake of eco-friendly fuels.<br> |
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<br>Biofuels are just liquid fuels made from plant and animal products. Because this matter is biodegradable, it is not only [capable](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of powering cars and heating homes, however the waste is then taken in once again into the earth, supporting brand-new life able to offer future renewable resource sources.<br> |
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<br>Bioethanol, frequently [referred](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to as simply ethanol, is the most [common biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) currently in [production](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/). [Canada's federal](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [government](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) has actually kept in mind of ethanol's potential as an alternative sustainable energy and created a strategy needing gasoline to consist of 5% ethanol by the end of this year. The strategy would also need diesel fuels to contain at least 2% ethanol by the end of 2012. As a matter of truth, the provincial government of Manitoba has taken a management role in the [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) market by [developing mandates](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) needing similar percentages as those created by the that will go into impact in 2010. This precedes the federal required by 2 years. Manitoba is [understood](https://www.google.com/search?kgmid=/m/0cqd_rb) for its meadow lands, the crops that grow there, and the [animals](https://www.crunchbase.com/organization/mission-newenergy) that graze upon these crops. The quantity of plant and animal products offered for the [production](https://pitchbook.com/profiles/company/51278-86) of biofuels is excellent. Manitoba has actually influenced the provincial government of [British](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [Columbia](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to adopt similar techniques.<br> |
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<br>The corporation of Raven Biofuels Limited was developed to research study and establish technologies favorable to effective and respected use of biofuels throughout Canada, and they have actually determined British Columbia as a starting point. Joining Raven Biofuels [International Corporation](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) (RBIC), their goal is to pay RBIC a cost supplying them unique rights to biofuel development in Canada. Their intent is to build the very first [industrial biorefinery](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and place it in Kamloops, British Columbia. Though it may appear as though a monopoly or trust would emerge from this partnership, the goal is to set an example and to provide guidance to other possible commercial ventures. Municipalities have actually partnered with British Columbia's [provincial](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) federal government to create the BC Bioenergy Strategy, which has already garnered $25 million to fund a [Biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) Network focused on advancing [biofuel](https://stocktwits.com/symbol/MNEL) energy innovation not just in British Columbia, but throughout Canada.<br> |
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