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<br>Powering Canada With [Biofuel](https://stocktwits.com/symbol/MNEL) Energy!<br> |
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<br>There is a growing concern nowadays for the environment, and several [countries](https://pitchbook.com/profiles/company/51278-86) have actually taken the initiative to promote using renewable resource to lessen humanity's influence on the world. Canada is one such [country](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) taking the lead in green technologies, and [utilizing biofuels](https://www.bloomberg.com/profile/company/MNELF:US) is one of the steps they have actually taken in becoming one of the [world's leaders](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in the intake of environmentally friendly fuels.<br> |
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<br>Biofuels are simply liquid fuels made from plant and [animal materials](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html). Because this matter is eco-friendly, it is not only capable of powering lorries and [heating](https://pitchbook.com/profiles/company/51278-86) homes, but the waste is then soaked up once again into the earth, [supporting](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) new life able to [provide future](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) eco-friendly energy sources.<br> |
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<br>Bioethanol, commonly [referred](https://www.google.com/search?kgmid=/m/0cqd_rb) to as simply ethanol, is the most common [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) currently in production. Canada's federal government has taken note of ethanol's capacity as an [alternative](https://pitchbook.com/profiles/company/51278-86) renewable resource and [developed](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) a plan requiring gas to include 5% ethanol by the end of this year. The plan would likewise need diesel fuels to contain a minimum of 2% ethanol by the end of 2012. As a matter of fact, the provincial government of Manitoba has taken a management function in the biodiesel market by developing mandates needing similar percentages as those devised by the [federal government](https://pitchbook.com/profiles/company/51278-86) that will enter into effect in 2010. This precedes the federal required by two years. Manitoba is known for its meadow lands, the crops that grow there, and the animals that graze upon these crops. The amount of plant and animal products available for the production of biofuels is fantastic. Manitoba has inspired the provincial federal government of [British Columbia](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to adopt similar strategies.<br> |
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<br>The corporation of Raven Biofuels Limited was established to research and develop innovations [favorable](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to efficient and [prolific](https://www.businessnews.com.au/Company/Mission-NewEnergy) use of biofuels throughout Canada, and they have recognized British as a starting point. [Joining Raven](https://www.bloomberg.com/profile/company/MNELF:US) Biofuels International Corporation (RBIC), their objective is to pay RBIC a [charge offering](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) them unique rights to [biofuel](https://stocktwits.com/symbol/MNEL) development in Canada. Their intent is to construct the very first business biorefinery and location it in Kamloops, British Columbia. Though it might seem as though a monopoly or trust would emerge from this partnership, the objective is to set an example and to supply assistance to other prospective commercial ventures. Municipalities have actually partnered with British Columbia's provincial federal government to [develop](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) the BC Bioenergy Strategy, which has currently garnered $25 million to fund a Biofuel Network focused on enhancing biofuel energy innovation not just in British Columbia, however throughout Canada.<br> |
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